WASHINGTON — President Trump will announce a $54 billion overseas investment in the battleground state of Alaska later Wednesday, part of a slew of manufacturing and jobs plans the White House is unveiling ahead of the Nov. 3 midterm election.
The money from South Korea will build a liquified natural gas facility as part of $350 billion in US investments pledged by Seoul as part of a trade deal agreed in July 2025.
Sen. Dan Sullivan (R-Alaska), who is facing a tough re-election campaign, is expected to join Trump and Commerce Secretary Howard Lutnick in the Oval Office for the announcement.
Wednesday’s announcement will come one day after the president...
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