White House cites Korean trade deal, Alaska gas project among Trump's fulfilled pledges
Summary
The White House in Washington on Monday listed President Donald Trump’s trade agreement with Korea and a proposed Alaska natural gas project among 127 campaign pledges it said he had fulfilled. It said tariff leverage helped secure new or improved trade agreements with partners including Korea, Japan, China, the European Union and Britain. The administration described the Alaska project as a $54 billion agreement with Korea and Taiwan, while Seoul said its participation remained subject to a commercial viability review. The White House also cited shipbuilding initiatives but did not specifically mention Korean shipbuilders.
Key Facts
- The White House said the trade agreements it cited covered countries accounting for more than half of global gross domestic product.
- The administration described the Alaska project as a long-stalled natural gas pipeline.
- The White House said Trump signed an executive order aimed at restoring U.S. maritime dominance and established a new office at the National Security Council to strengthen U.S. shipbuilding.
- Korea announced a plan last year to enhance shipbuilding ties with the United States under an initiative called Make American Shipbuilding Great Again as part of its tariff deal with Washington.
U.S. President Donald Trump speaks at the Lincoln Memorial Reflecting Pool, Nov. 2 in Washington. AP-Yonhap
WASHINGTON — The White House on Monday highlighted U.S. President Donald Trump's trade agreement with Korea and a Alaska natural gas project involving Seoul among his fulfilled campaign promises, as it touted his achievements on the eve of the U.S. midterm elections.
In a press release highlighting policies promised and delivered during Trump's second term, the White House listed 127 campaign pledges it said the president had fulfilled.
Among them, the administration cited Korea as one of the major U.S. trading partners with which Trump had secured new or improved trade agreements by using tariffs as leverage.
It said the agreements covered countries accounting for more than half of global gross domestic product (GDP), including Korea, Japan, China, the European Union and Britain.
The White House also highlighted what it described as a $54 billion agreement with Korea and Taiwan to develop a "long-stalled natural gas pipeline in Alaska."
The statement was the latest from the Trump administration claiming that Korea is committed to the Alaska natural gas project. Seoul has maintained that its participation remains subject to a commercial viability review.
On shipbuilding, the White House said Trump had signed an executive order aimed at restoring U.S. maritime dominance and established a new office at the National Security Council to strengthen the country's shipbuilding industry.
It, however, did not specifically mention Korean shipbuilders in connection with those efforts.
Last year, Korea announced a plan to enhance its shipbuilding ties with the U.S. under an initiative dubbed "Make American Shipbuilding Great Again" as part of its tariff deal with the Washington.
Explore More
- Q.
- Q.
- Q.