Investors have balked at the project, stalling its progress. But under the threat of tariffs, Japan and South Korea have started exploring ways to invest in Alaska L.N.G.

Japan and South Korea are at their most fragile political states in decades – just as Trump’s return to the White House disrupts an already-changing global order.

The Trump administration’s approach to its alliances has shaken Europe. Indo-Pacific partners also have cause to be worried.

Japan, South Korea and other countries want to partner with the United States in a "gigantic" natural gas pipeline in Alaska, U.S. President Donald Trump said on Tuesday, claiming they would invest "trillions of dollars each.

South Korea and the United States have agreed to establish a working-level group to discuss a gas pipeline project in Alaska, energy, shipbuilding, tariffs and non-tariff barriers, South Korea's Industry Minister Ahn Duk-geun said on Tuesday.

U.S. President Donald Trump said on March 4 that his administration was advancing a major natural gas pipeline project in Alaska, attracting investment interest from Japan, South Korea, and other nations.