Trump threatens to double the amount if they do not sign soon and confirms South Korea's $54 billion investment in the Alaska gas project

"If they don't want it, I'm going to ask them for more," President Trump told reporters at the White House in response to a request for comment on the situation. "And tell them if they don't sign soon I'm going to double the amount. Is that clear?"

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Reuters reports on negotiations between Moscow and Washington regarding major energy deals

Trump rejected the assumption that he anticipated events with his previous statements, and confirmed that the Korean side had representation at the event in which he announced this.

On Wednesday, Trump said that South Korea would invest $54 billion in a liquefied natural gas project in Alaska, but South Korean Minister of Industry and Trade Kim Jong-kwan later announced that the two sides had not yet agreed on any specific numbers or details for implementing the project.

In 2025, the United States and South Korea agreed on the latter’s investments in the American economy worth $350 billion in exchange for reducing American duties on goods coming from the Republic to 15 percent. Of this amount, $150 billion was allocated for cooperation in shipbuilding, and $200 billion for strategic investments, the specific projects of which the two sides agree on separately.