
AI-generated summary
President Trump is announcing investment agreements with Korea, Taiwan, and Japan in succession to promote the results of his trade and economic policies ahead of the midterm elections.
(Washington = Yonhap News) Correspondent Lee Yu-mi = On the 14th (local time), U.S. President Donald Trump repeatedly began to nail down the issue of Korea's investment participation in the Alaska Liquefied Natural Gas (LNG) development project.
Additionally, Taiwan and Japan announced that they had decided to purchase Alaska LNG and invest in a semiconductor plant in New York, respectively.
With the midterm elections 20 days away, it is interpreted that he is putting the three countries at the forefront to promote the results of trade and economic policies, including tariffs, that he has pushed for.
On this day, through the social media platform Truth Social, President Trump reiterated that Korea has decided to invest $50 billion (approximately 67 trillion won) in the Alaska liquefied natural gas (LNG) development project, and that this is part of the trade and investment agreement between the two countries.
He, who campaigned in support of the Alaskan midterm elections the day before, said, "I announced the launch of the 'Alaska LNG Project' in Alaska, the largest energy infrastructure project in Alaska's history," and emphasized, "Korea's $50 billion infrastructure investment is part of their trade and investment agreement."
This can be interpreted as an attempt to highlight the fact that he has attracted large-scale investment from Korea through his tariff policy.
In addition, President Trump announced Taiwan's $4.4 billion equity investment in the Alaska LNG project at a support rally the previous day, and announced that Taiwan has also committed to purchasing $70 billion to $80 billion worth of Alaska LNG.
He said, “This corresponds to 30% of the gas pipeline supply for the next 20 years,” and added, “It is the largest purchase agreement in history.”
In a separate Truth Social article, President Trump announced an agreement with Japan to invest in the semiconductor field.
“Today, under my leadership, Global Foundries and the Department of Commerce, led by Secretary Howard Rutnick, announced a mega investment worth $21 billion to build two massive new semiconductor manufacturing facilities in Malta, New York,” President Trump said.
It was explained that through this, 27,000 high-wage construction and supply chain jobs and more than 1,000 high-skilled manufacturing jobs will be created in New York State.
He said, “Under my leadership, Japan will raise the necessary funds for this $21 billion investment.”
President Trump emphasized that Japan's investment is also "a result of my historic trade agreement to rebuild America's industrial base, create hundreds of thousands of great American jobs, and strengthen our national and economic security."
“We are turning investment commitments from Japan, South Korea, and Taiwan into massive construction projects,” he said. “These are agreements that will be transformative for America and will have an impact for generations.”
Meanwhile, President Trump also announced an additional agreement for the U.S. government to secure a stake in Global Foundries.
The Department of Commerce plans to invest $955 million in silicon photonics, silicon germanium, and advanced packaging. Accordingly, President Trump explained that the U.S. government's total investment amounts to $1.63 billion, and the value of the government's current stake exceeds $2 billion.
“My administration’s Department of Commerce is the first Department of Commerce to bring revenue to the United States,” he said.
AI outlook — possibilities, not facts
Korea's Alaska LNG investment negotiations expected to be finalized in the next few weeks
Likely · Within weeks

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