South Korea hits back at Trump’s investment claims in ‘tit-for-tat move’
President Lee Jae Myung says further talks are needed and ‘commercial viability’ must be a prerequisite for South Korean investment in the US
On Wednesday, Trump announced that South Korea would invest in the construction of a natural gas-fired power plant in Texas, eight large-scale nuclear power plants across the United States and a liquefied natural gas (LNG) project in Alaska.
Trump’s announcement comes just weeks before the highly competitive November midterm elections, apparently aiming to bolster the Republican Party’s economic record and support vulnerable candidates, including Alaska Senator Dan Sullivan.
