President of the United States Donald Trump, on Monday, Hyundai’s investments in the country’s investments in the country will build a new steel factory in Louisiana province. The plant will create about 1,400 jobs, according to Trump, and produces more than 2.7 million steel metric tons per year.
“Hyundai’s investment clarifies that tariffs are working,” Trump said, reference to the government’s trade policy. “Hyundai will not pay any fare for the United States because it decides to come here,” he said.
In addition to a new part of Louisiana, South Korea’s car will expand car production in Georgia, and the company’s managers will be opened this week as announced this week.
Hyundai CEO Director-General Euisun Chung, the $ 6 billion investment has to strengthen the steel supply chain in the country, as well as the United States, which is $ 3 billion, has been purchasing the purchase of $ 3 billion. “In the United States, $ 6 billion in investment, in order to strengthen the steel supply chain in the United States, with a $ 21 billion contribution to the next four years,” he said.
Trump advertisements noted that “We want money to continue in the United States and continue this way.”
The US President also said that investments can be managed with tariffs and election scenarios: “I suspect the tariffs and the last elections.” In addition, they should declare new projects to other companies in the country, and Honda called “a big company” that they can announce investment in the United States.
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