South Korea announces US$1T4T150 billion investment in the US
The agreement includes aircraft purchases, energy projects, and a plan to revitalize the U.S. naval industry.
Republic of Korea, CC BY-SA 4.0, via Wikimedia Commons
South Korea, following its first official summit of the year at the White House, announced a US$1.4 trillion investment in the United States, focused on sectors such as artificial intelligence, semiconductors, nuclear energy, biotechnology, and shipbuilding. The measure, revealed during the meeting between Presidents Lee Jae Myung and Donald Trump, represents a strategic move to deepen bilateral cooperation and address protectionist concerns in Washington.
Aircraft, energy, and shipyards: The cornerstones of the multi-million dollar agreement
Among the signed agreements, the purchase of 103 Boeing aircraft for US$$ 36.2 billion stands out, along with a US$$ 13.7 billion contract with GE Aerospace for engine and maintenance. In addition, Hyundai Motor Group increased its US investment plan to US$$ 26 billion, consolidating industrial operations through 2028.
For the energy sector, Korea Gas Corp. has committed to purchasing 3.3 million tons of liquefied natural gas annually for a decade. In deepwater, companies such as HD Hyundai and Samsung Heavy Industries will support the reconstruction of U.S. shipyards, a core initiative of the "Make America Shipbuilding Great Again" program.
The talks also included exploring partnerships in advanced nuclear technology and the capture of strategic metals such as germanium. Furthermore, they agreed to advance the structuring of a US$$350 billion investment fund to support key sectors in the US, in exchange for tariff relief on South Korean products.
This new financial scenario comes amid the recent tariff reduction imposed by Trump, from 25 % to 15 % on South Korean products, a key step forward in facilitating South Korea's expansion plans in the U.S. market.
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