South Korea hits back at Trump’s investment claims in ‘tit-for-tat move’ - South China Morning Post

Park Chan-kyongPublished: 6:36pm, 1 Oct 2026Updated: 7:19pm, 1 Oct 2026US President Donald Trump’s unilateral announcement of a “colossal” South Korean investment package has prompted Seoul to clarify that the deal is far from finalised, laying bare stark differences between the allies over the terms of their trade agreement, observers have said.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.