Lates News

U.S. President Trump said he did not "jump the gun" in announcing South Korea's investment in the Alaska liquefied natural gas (LNG) project. Previously, Trump announced that South Korea would invest $200 billion in U.S. projects, including the $54 billion Alaska LNG project, but South Korean officials later said the project would only move forward if it proved to be economically viable. In response, Trump said: "I didn't jump the gun. They were there, and people represented them. If they don't want to do it, that's fine, I'll just charge them more." Trump said the U.S.-South Korea trade agreement includes projects such as the Alaska LNG pipeline, and said South Korea's investment plan also includes eight large nuclear power plants and a 6-gigawatt Texas power plant. Previously, media reports said the Alaska LNG project has been planned for many years, but it still lacks binding investment commitments.