EPISODE · Oct 29, 2025 · 2 MIN
Fact Sheet — President Trump Brings Home More Billion-Dollar Deals During State Visit to the Republic of Korea
from The White House In Audio · host Instaread Podcast
Fact Sheet — President Trump Brings Home More Billion-Dollar Deals During State Visit to the Republic of KoreaDate/Source: October 29, 2025 — Fact SheetsTheme: Major U.S.–ROK deals advancing U.S. jobs, energy leadership, tech cooperation, and maritime capacity.Deals and investmentsAviation and defenseKorean Air: 103 Boeing aircraft worth $36.2B; supports up to 135,000 U.S. jobs.GE Aerospace engines: $13.7B to power the new fleet.ROK Air Force: $2.3B AWACS program with L3Harris; supports 6,000 U.S. jobs.ReElement Technologies + POSCO International: U.S.-based rare earth separation, refining, and magnet production complex.Energy and gridKorea Gas Corporation: ~3.3M tons/year of U.S. LNG via long-term agreements (Trafigura, TotalEnergies; offtake ties to Cheniere).Centrus Energy + KHNP + POSCO International: Expand uranium enrichment in Piketon, Ohio; 3,000 U.S. jobs.LS Group: $3B by 2030 for U.S. grid infrastructure (undersea cables, power equipment, winding wires); LS Greenlink building a $681M Virginia facility.Technology and spaceU.S.–ROK Technology Prosperity Deal: Cooperation on AI exports/standards and adoption, research security, 6G, biotech supply chains, quantum innovation.Amazon: $5B through 2031 to build ROK cloud infrastructure; complements AWS’s $40B investments across 14 APEC economies.NASA Artemis II: Lunar flyby mission carrying a Korean satellite to measure space radiation.Both countries: Commit to stabilize/diversify critical mineral supply chains.Maritime and shipbuildingHD Hyundai + Cerberus: $5B to modernize U.S. shipyards, strengthen supply chains, apply autonomy/digitalization/automation.Samsung Heavy Industries + Vigor Marine: Naval MRO, shipyard automation, new U.S.-flagged vessel construction.Hanwha Ocean: $5B to strengthen Philly Shipyard workforce; increase capacity by >10x.Context and significanceCaps a multi-country Asia trip; reinforces the U.S.–ROK alliance and U.S. leadership as a Pacific power.Builds on earlier deals in Japan and Malaysia, bringing billions in investments and thousands of jobs to the U.S.
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Fact Sheet — President Trump Brings Home More Billion-Dollar Deals During State Visit to the Republic of Korea
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