Trump Reasserts South Korea's "$50 Billion" Investment in Continued Announcements

[Anchor]

Ahead of the midterm elections in November, U.S. President Donald Trump has once again reaffirmed that South Korea has decided to invest 50 billion dollars in the Alaska LNG project. Touting massive investments from Japan and Taiwan as his own achievements, he has launched a campaign to capture voters.

Here is a report from Washington correspondent Lee Hanseok.

[Reporter]

Following a campaign rally in Alaska the previous day, U.S. President Donald Trump officially announced South Korea's investment of 50 billion dollars—approximately 67 trillion won in Korean currency—into Alaska's LNG infrastructure on his social media today (the 15th).

Calling it the largest project in Alaska's history, President Trump emphasized that this investment is a direct result of his trade agreements.

This is interpreted as an intention to highlight ahead of the elections that his tariff and trade pressures have led to large-scale investment attractions.

Investment packages from Taiwan and Japan were also unveiled in succession.

He stated that Taiwan has committed to a purchase worth up to 80 billion dollars, buying 30 percent of 20 years' supply of the Alaska pipeline, and announced that Japan has decided to finance the entire 21 billion dollars required to build a new GlobalFoundries semiconductor plant in New York State.

[Donald Trump / U.S. President: In addition to the 50 billion dollars South Korea has already promised for the Alaska project, Taiwan is also planning to invest 4.4 billion dollars.]

Raising his voice, he claimed that this will create more than 28,000 jobs in New York State alone and that the commitments from South Korea, Japan, and Taiwan are transforming into massive construction projects.

As the midterm elections draw closer, his moves to pressure allies to fulfill their investments in the U.S. and use this as leverage to rally his base are expected to become even more overt.

(Camera: Oh Jeong-sik | Video Editing: Choi Jin-hwa)
※ Please note: This article was translated by AI and may contain errors.