Seoul has said it only agreed to the $54 billion plan if it proves economically viable.
President Donald Trump threatened new trade retaliation against South Korea if it doesn’t follow through with an investment in a liquefied natural gas project in Alaska. Earlier this week, Trump announced a $54 billion plan for the LNG export venture as the centerpiece of Seoul’s commitment to invest in the U.S. But the South Korean government later said it only agreed to the project if it proves economically viable.
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