Trump Says Taiwan to Invest $4.4 Billion in Alaska LNG Project

President Trump announced on the 13th that Taiwan will invest $4.4 billion in Alaska's liquefied natural gas project, following his earlier claim that South Korea would invest $50 billion. He also stated all federal permits for the pipeline are complete. Trump made the remarks at a Republican rally in Alaska, saying Taiwan agreed to purchase 30% of the gas output for 20 years. Commerce Secretary Lutnick added that Taiwan would invest $4.4 billion after a week of negotiations, though Taiwan's CPC previously signed only a non-binding memorandum of understanding. The project involves a 1,287-kilometer pipeline, which Trump claims will create over 13,000 jobs and reduce household energy costs. South Korea has treated the investment as a long-term consideration, raising concerns Trump is preemptively framing commitments to pressure allies amid a tight Senate race in Alaska.