📷 Image: Wikimedia Commons / Shealeah Craighead
Business
Trump Announces $200 Billion South Korean Investment in U.S. Energy Projects
✍️ Asianet Newsable
🗓 01 Oct 2026, 03:16 PM
👁 10
President Trump unveiled a $200 billion investment plan by South Korean firms aimed at boosting U.S. energy infrastructure.
President Trump announced the $200 billion investment initiative during a Washington press briefing on Tuesday.
The plan is designed to fund a mix of renewable and conventional energy projects across the United States, with a focus on solar, wind, and natural gas.
South Korean companies such as Samsung, LG Energy Solutions and POSCO are expected to spearhead the investment.
The announcement is part of a broader U.S. strategy to diversify energy sources and strengthen economic ties with South Korea.
The plan is designed to fund a mix of renewable and conventional energy projects across the United States, with a focus on solar, wind, and natural gas.
South Korean companies such as Samsung, LG Energy Solutions and POSCO are expected to spearhead the investment.
The announcement is part of a broader U.S. strategy to diversify energy sources and strengthen economic ties with South Korea.