The White House SECURING BILLIONS IN EXPORTS AND INVESTMENTS: Today,President Donald J. Trump completed the final stop of his historic Indo-Pacific trip, securing billions in landmark deals while visiting the Republic of Korea (ROK), including initiatives to support American jobs, further America’s energy dominance, promote American leadership in the technology revolution, and build our maritime partnership.
- Korean Air will purchase 103 new Boeing aircraft valued at $36.2 billion, supporting up to 135,000 jobs across the United States. To power these new aircraft, Korean Air will also purchase state-of-the-art GE Aerospace engines in a separate deal valued at $13.7 billion.
- The ROK Air Force selected L3Harris Technologies to develop its new Airborne Warning and Control aircraft in a $2.3 billion deal that will support over 6,000 American jobs.
- America’s ReElement Technologies and POSCO International will partner to launch a U.S.-based, vertically integrated rare earth separation, refining, and magnet production complex focused on high-value mobility magnets.
FURTHERING AMERICA’S ENERGY DOMINANCE: The President secured key investments further solidifying the United States’ position as the global energy leader.
- The Korea Gas Corporation signed agreements to purchase about 3.3 million tons/year of U.S. LNG via long-term agreements with sellers, including Trafigura and TotalEnergy, through their portfolios and offtake agreements with U.S. LNG producers like Cheniere.
- Centrus Energy Corp, KHNP, and POSCO International Corporation agreed to support the expansion of Centrus’ uranium enrichment capacity in Piketon, Ohio, creating 3,000 jobs in the United States.
- LS Group pledged to invest $3 billion by 2030 in U.S. power-grid infrastructure, including undersea cables, power equipment, and winding wires. LS Cable’s U.S. subsidiary, LS Greenlink, is building a $681 million manufacturing facility in Virginia.
…
Read Full Fact Sheet Here…(whitehouse.gov)
Home | Caravan to Midnight (zutalk.com)
Live Stream + Chat (zutalk.com)
Be First to Comment