South Korea has reached a deal to fund the construction of nuclear power plants and a liquefied natural gas facility in the United States, a move aimed at avoiding potential tariffs on its exports. The agreement comes amid rising costs that have already exceeded initial budget projections, raising concerns about financial sustainability. With trade tensions looming, the investment signals Seoul’s effort to strengthen economic ties while balancing energy security. Details on the long-term impact of these commitments remain unclear as expenses continue to grow.
Facing a 25 percent tariff threat, Seoul agreed to bankroll nuclear reactors and a Texas gas plant. The cost is already climbing past budget.
