President Donald Trump announced that Taiwan has agreed to purchase 30% of the gas from a major LNG pipeline project in Alaska over the next two decades. The commitment was made ahead of the US midterm elections, with Trump highlighting the deal during a campaign event in Alaska on Tuesday night.
The Taiwanese investment includes an additional $4.4 billion to ensure the project's completion. Trump described the agreement as a guarantee of the pipeline's success, despite lingering doubts about its construction.
The president's remarks came as part of his efforts to bolster support ahead of the midterms, framing the deal as a significant economic win for both the US and Taiwan.