Reported 3 days ago
President Donald Trump expressed his approval of Hyundai's $5.8 billion investment in US manufacturing, arguing it validates his administration's tariff policies aimed at encouraging foreign manufacturers to create American jobs. The South Korean automaker plans to enhance vehicle production and build a new steel plant in Louisiana, which is set to produce over 2.7 million metric tons of steel annually. Trump's comments come as he prepares to announce further tariffs, raising concerns about the impacts of his trade policies on the US economy.
Source: YAHOO