Trump Threatens to Double Charges on South Korea Over Alaska LNG Deal
Updated
Updated · CNBC · Oct 5
Trump Threatens to Double Charges on South Korea Over Alaska LNG Deal
3 articles · Updated · CNBC · Oct 5
Summary
Trump said Friday he would "charge more" — and "double it up" — if South Korea does not sign the Alaska LNG deal soon, though he did not specify what cost would be doubled.
The threat came as CNBC framed economic uncertainty as straining international relations, with markets already unsettled by weak U.S. jobs data and political risks in Europe.
29,000 U.S. jobs were added in September, far below the 84,000 forecast, even as stocks rose on expectations the Federal Reserve will hold rates steady later in October.
The broader backdrop includes a 17-month low for the euro against the dollar, elevated U.S. borrowing costs and election uncertainty from Spain to Brazil.