Trump pressures South Korea to sign Alaska LNG deal, threatens "double tariffs" if not signed.
US President Donald Trump stated that if South Korea does not sign the $50 billion Alaska liquefied natural gas (LNG) project soon, he will "double the charges," without specifying what would be doubled. These remarks come amidst disagreements between the US and South Korea over South Korea's investments in US energy and infrastructure projects. South Korea remains cautious about some projects announced by Trump, considering them not yet finalized. Additionally, Trump announced an $8.4 billion enhanced oil recovery project on social media, but according to South Korean local media, this project was not included in the bilateral agreement, and the South Korean Ministry of Industry is seeking clarification from the US.
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