Trump announces $5.8B Hyundai investment
President Donald Trump, alongside Louisiana Gov. Jeff Landry, House Speaker Mike Johnson and Hyundai Executive Chairman Euisun Chung, announced the motor group is investing $5.8 billion in American manufacturing.
"In particular, Hyundai will be building a brand-new steel plant in Louisiana, which will produce more than 2.7 million metric tons of steel a year, creating more than 1,400 jobs for Amesteelworkersorkers," Trump said.

Trump said the investment was "a clear demonstration that tariffs very strongly work."
The president has put tariffs on steel and aluminum products, and is set to implement reciprocal taxes on April 2. Trump said at his event on Monday afternoon that more levies were coming.
"We'll be announcing some additional tariffs over the next few days having to do with automobiles, cars and having also to do a little bit with lumber down the road, lumber and chips," Trump said.






