Trump Threatens Tariffs Over South Korean LNG Investment
President Donald Trump warned South Korea that he would impose tariffs on their goods if they don't commit to investing in an Alaska liquefied natural gas project. The $54 billion LNG export venture is a key part of Seoul's pledge to invest in the US, but South Korean officials have only agreed to participate if it proves economically viable.
Trump made this threat during an Oval Office event where he touted the project as a major achievement. However, no South Korean government officials attended the event, and the country's stance on the project remains unclear.
The dispute is part of broader tensions between the US and South Korea on trade and security matters. The two countries have been working out which projects will draw from South Korea's pledge to invest hundreds of billions of dollars in the US under their trade agreement.