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.

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.

SEOUL (Reuters) - South Korea's industry minister requested a tariff exemption in talks with the U.S. administration, Seoul's industry ministry said on Saturday, as Washington moves forward with plans to impose new tariffs.

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.

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.

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.

South Korea has expressed interest in joining hands with the United States and Japan for the gas pipeline development project in Alaska as part of efforts to improve its trade relations with U.S. President Donald Trump's administration,