Trump threatens to ‘double’ South Korea’s costs if it delays Alaska LNG deal
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓US President Donald Trump warned South Korea it could face higher costs if it delays the Alaska LNG project.
- ✓“If they don’t want to do it, that’s OK with me.
- ✓I’ll just charge them more,” Trump said on Friday.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Moneycontrol
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
US President Donald Trump has warned South Korea it could face higher costs if it does not move quickly on an investment in the proposed Alaska liquefied natural gas (LNG) project, even as Seoul maintains that no final investment decision has been made.
“If they don’t want to do it, that’s OK with me. I’ll just charge them more,” Trump told reporters at the White House on Friday. “Tell them if they don’t sign shortly, I’m going to double it up.”
Trump did not specify what he meant by doubling the cost. South Korean media raised the possibility that he was referring to tariffs, given his previous threats to increase duties if Seoul failed to deliver on investment commitments.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Moneycontrol
Read the full, original unfiltered story directly on the publisher's portal.