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EconomyTrump’s $54 Billion Election Pitch for Alaska LNG Is Its Undoing

President Donald Trump said Wednesday that South Korea would invest $54 billion in a massive Alaska LNG project. His portrayal made the long-dormant venture sound almost miraculous: not only would it finally be built with foreign funding, but it would also secure its future just before the midterms, coincidentally in a state facing a pivotal, tightly contested Senate race.

Donald TrumpAlaska LNGSouth Korea investment

People in this report Donald Trump

BBloomberg News★★★☆☆2026-10-01 18:00Original

Trump’s $54 Billion Election Pitch for Alaska LNG Is Its Undoing
Trump’s $54 Billion Election Pitch for Alaska LNG Is Its UndoingEconomy