Trump announces $200bn in energy investments from South Korea
President Trump announced a $200 billion energy investment deal with South Korea, including a major LNG project in Alaska. The announcement is being used to bolster the Republican Party's economic record ahead of the upcoming midterm elections.
Why it matters
Large-scale infrastructure deals have significant geopolitical and economic implications, particularly when tied to domestic election cycles.
The investments come as Trump seeks to tout the Republican Party’s economic record ahead of the US midterm races.
x whatsapp-stroke copylink google Add Al Jazeera on Google info US President Donald Trump hosts Commerce Secretary Howard Lutnick, Interior Secretary Doug Burgum and Senator Dan Sullivan in the Oval Office for an announcement on September 30 [AFP] By Al Jazeera Staff , Reuters and The Associated Press Published On 30 Sep 2026 30 Sep 2026 United States President Donald Trump has announced $200bn in investments from South Korea, $54bn of which is slated to go to a liquefied natural gas (LNG) project in Alaska.
The announcement was made at the White House on Wednesday and comes as Trump seeks to defend the Republican Party’s economic record during a heated midterm election season.
“We’re thrilled to announce one of the largest energy infrastructure investments in American history,” Trump said.
Also covering this story
3 other newsrooms covered this event. We read each version separately.
Trump is announcing $54 billion in South Korean investment for an Alaska LNG pipeline
Trump to unveil $200 billion investment in U.S. projects by South Korea, White House says
Trump announces $200bn South Korean investment in US, $54bn for Alaska LNG
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