{"id":55862,"date":"2026-10-01T08:43:12","date_gmt":"2026-10-01T02:58:12","guid":{"rendered":"https:\/\/nepalsamaj.com\/en\/?p=55862"},"modified":"2026-10-01T08:43:12","modified_gmt":"2026-10-01T02:58:12","slug":"trump-unveils-200-billion-south-korean-investment-in-us-seoul-hedges-on-alaska-pipeline","status":"publish","type":"post","link":"https:\/\/nepalsamaj.com\/en\/trump-unveils-200-billion-south-korean-investment-in-us-seoul-hedges-on-alaska-pipeline\/","title":{"rendered":"Trump unveils $200 billion South Korean investment in US; Seoul hedges on Alaska pipeline"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><p>Reuters :\u00a0 US President Donald Trump unveiled plans on Wednesday for South Korea to invest some $200 billion in US projects, but Seoul \u200cquickly suggested one key element, a $54 billion pipeline for an LNG project in Alaska, was not yet set in stone.<\/p>\n<p>The announcement from the White House amounted to the first set of major projects under a broader $350 billion strategic investment package South Korea made as part of a trade agreement with Washington last year. The package included $150 billion for shipbuilding and $200 billion for strategic investments.<\/p>\n<p>&#8220;Thanks \u200bto the agreements my administration has secured with the Republic of Korea, they will invest up to $200 billion,&#8221; Trump said from the Oval Office.<\/p>\n<p>He \u200bsaid the investment would include the construction of eight large-scale nuclear power plants, a natural gas pipeline and a 6-gigawatt \u2060power generation facility in Texas.<\/p>\n<p>The announcement is the latest in a series of economic and investment deals Trump is highlighting ahead of November&#8217;s midterm elections, as he seeks \u200bto reinforce his economic record amid voter concerns over the Iran war and high gasoline prices.<\/p>\n<p>The pipeline project could carry political significance in Alaska, where Republican Senator \u200bDan Sullivan faces a competitive reelection race against Democrat Mary Peltola. Sullivan attended Wednesday&#8217;s announcement.South Korea&#8217;s government, however, said the pipeline project would only go forward if certain commercial and legal conditions are met. Seoul confirmed other elements of Trump&#8217;s announcement, saying it would invest $22.3 billion in a Texas gas power project to power AI data centers, as well as $120 billion to \u200bbuild eight nuclear reactors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters :\u00a0 US President Donald Trump unveiled plans on Wednesday for South Korea to invest some $200 billion in US projects, but Seoul \u200cquickly suggested one key element, a $54 billion pipeline for an LNG project in Alaska, was not yet set in stone. The announcement from the White House amounted to the first set [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":51894,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-55862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/55862"}],"collection":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/comments?post=55862"}],"version-history":[{"count":2,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/55862\/revisions"}],"predecessor-version":[{"id":55864,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/55862\/revisions\/55864"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media\/51894"}],"wp:attachment":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media?parent=55862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/categories?post=55862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/tags?post=55862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}