US, South Korea Hail Progress on $350B Trade Deal; First Project Texas Gas Plant

Trump and South Korean President Lee Jae Myung announced significant progress on the stalled $350 billion investment deal, with the first project identified as a $22.3 billion gas-fired power plant in Texas. This marks a concrete step in implementing the agreement, though the overall deal remains incomplete. The Texas project signals a shift toward energy infrastructure investment, potentially boosting US energy exports and bilateral economic ties.