Hyundai unveils $21bn US investment as Trump tariffs loom
- South Korean automaker Hyundai will invest $5.8 billion to build a steel mill in Louisiana, which will create an estimated 1,300 direct jobs and begin construction in late 2026.
- President Donald Trump stated that the investment is part of Hyundai's broader $21 billion expansion in the U.S.
- Hyundai's new facility will be its first steel mill in the United States, producing over 2.7 million metric tons of steel annually.
- Governor Jeff Landry remarked that the announcement marks a shift from offshoring jobs to onshoring in the U.S.
309 Articles
309 Articles
AMERICA'S GOLDEN AGE: Foreign Companies Invest $3 TRILLION in America - And Counting - Geller Report
Foreign companies are lining up to invest in America — $3 trillion and counting. The Democrat media axis is shrieking about nothing burger texts so as not to report real news — because it is such good news and it’s all owed to Trump. South Korea’s Hyundai just announced $21 billion U.S. investment We're excited to share this $21B investment in the U.S. that will expand U.S. production to 1.2 million vehicles annually across HMG brands, strength…
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