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Trump Unveils $200B S Korea Investment in US Energy
U.S. President Donald Trump announced South Korean investments worth $200 billion in the American energy sector, including a $54 billion liquefied natural gas (LNG) project in Alaska, as well as the construction of eight nuclear power plants and a major power generation station in Texas, supported by South Korea. This comes as part of a trade agreement between the two countries, which involves increasing American energy purchases and imposing tariffs on Korean goods. The projects also include building a pipeline to transport natural gas from Alaska to a liquefaction facility in preparation for export to Asia.
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