Trump Threatens South Korea over Alaska LNG Project Dispute
Trump said South Korea could face doubled tariffs if it does not quickly join the Alaska LNG project, which he said includes about $54 billion in investment.
- On Friday, President Donald Trump threatened to double tariffs on South Korea if Seoul does not soon sign off on the Alaska LNG project while leaving the White House for a campaign rally in Mobile, Alabama.
- Under a 2025 trade arrangement, South Korea pledged $350 billion in U.S. investment in exchange for lower tariffs on Korean goods, reducing rates from 25% to 15%.
- Seoul officials stated no investment decision has been made, noting both countries only agreed to begin a review "on the premise of commercial rationality," without determining participation or scale.
- The Alaska LNG project involves a 1,298-kilometer pipeline from the North Slope to southern Alaska, with Commerce Secretary Howard Lutnick saying Korea will invest over $50 billion.
- If Seoul does not sign shortly, Trump warned he will "charge" them more, though it remains unclear exactly what he will "charge" Korea should they decline to invest.
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Trump Warns Seoul over Alaska Pipeline
Get latest articles and stories on World at LatestLY. US President Trump warned South Korea that it could face a higher price on the Alaska pipeline project if it does not sign soon. He initially said non-participation was fine, but later threatened to double the cost after learning Seoul is still studying the proposal. World News | Trump Warns Seoul over Alaska Pipeline.
Trump warns Seoul over Alaska pipeline - The Tribune
US President Trump warned South Korea that it could face a higher price on the Alaska pipeline project if it does not sign soon. He initially said non-participation was fine, but later threatened to double the cost after learning Seoul is still studying the proposal.
U.S. President Donald Trump publicly pressured South Korea, threatening to impose more burdens if the country does not soon agree to invest in the Alaska liquefied natural gas (LNG) development project. At the White House on the 2nd (local time), President Trump stated, "South Korea says it is still reviewing the Alaska LNG project, but the announcement..."
U.S. President Donald Trump, who unilaterally announced that South Korea would invest in the Alaska liquefied natural gas (LNG) development project, pressured the country on the 2nd (local time), stating that if South Korea did not want to invest, it would be made to bear more costs. Speaking to reporters at the White House that day, President Trump responded to a question asking whether South Korea had finalized its investment in the Alaska pro…
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