White House reaffirms South Korea's $200B US investment plan

The White House said South Korea plans to invest up to $200 billion in the US, including $120 billion for eight nuclear reactors, $54 billion for an Alaska LNG project and $22.3 billion for gas generation in Texas. Seoul has only confirmed the Texas project, while the nuclear and Alaska plans remain unfinalized.

• The package includes $120B for eight reactors: two APR1400 and six AP1000
• $54B for the Alaska LNG project and $22.3B for 6 GW of gas power in Texas
• South Korea's total commitment is $350B, including $150B for shipbuilding
• The US cut tariffs on South Korean goods from 25% to 15%