Trump unveils $200 billion South Korean investment in U.S. projects

President Donald Trump announced on Wednesday plans for South Korea to invest $200 billion in U.S. projects, including $54 billion to build the long-planned Alaska liquefied natural gas project. The announcement, which Trump made in the Oval Office, amounts to the first set of major projects under a broader $350 billion strategic investment package South Korea made as part of a trade agreement with Washington last year. The package included $150 billion for shipbuilding and $200 billion for strategic investments.