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Trump Threatens 300% Tariffs on Allies Over Factory Delays Amid Midterms, Trump Pressures South Korea, Japan With Tariff Threats to Secure Investments
SEOUL: US President Donald Trump says foreign companies that fail to build factories in the United States could face tariffs of up to 300%, as South Korea faces separate pressure from Washington over how it will carry out its US$350bil US investment commitment.
Trump warns South Korea costs for a $50B Alaska LNG deal could be "doubled" without prompt sign-off and unveils a separate $8.4B oil project claim.