U.S. President Donald Trump’s Oval Office announcement early Thursday morning (Korea time) made South Korea’s $200 billion strategic investment package sound largely settled, but the joint documents released hours later show Seoul preserved the right to review most of the projects before committing the money.
That discrepancy leaves the harder question of whether those safeguards will remain usable once Washington has already claimed the political credit.
Trump and Commerce Secretary Howard Lutnick presented the package as a major Korean financing commitment for U.S. energy infrastructure. Lutnick saidthe projects were being “fully paid for” by the Korean government, while Trump