Trump Threatens Tariff Hike Over Stalled Alaska LNG Deal
President Donald Trump has put pressure on South Korea to finalize its participation in the $54 billion Alaska LNG export initiative, warning that failure to do so would result in a doubling of import tariffs.
The project is seen as a key component of Seoul's broader U.S. investment commitments, but South Korean officials have expressed concerns over the scope of their commitment and are awaiting a formal economic viability assessment.
Trump dismissed these concerns, stating that if South Korea doesn't want to participate, he will 'just charge them more,' in reference to tariffs on South Korean exports.
The White House has touted the project as a cornerstone of Seoul's investment pledges, but the threat of retaliatory tariffs has injected uncertainty into the negotiations.