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Trump announced that Hyundai will invest $ 21 billion in the USA
US President Donald Trump announced that Hyundai South Korean company will invest $ 21 billion in the United States.
Trump said at a press conference at the White House, Hyundai will invest 5.8 billion dollars in the US manufacturing industry.
In this context, the company will establish more than 2.7 million metric tons of steel in the factory will be established in Louisiana and will provide more than 1400 employment Trump, then the facility to be expanded Hyundai’nin the first steel factory in the United States said.
Trump, Hyundai’nin Alabama and Georgia will supply steel for automobile factories and automobile factories, will soon produce more than 1 million US -made cars every year, he said.
“Hyundai will produce steel in the United States and will make its cars in America. As a result, you will not have to pay any customs duties in America. he said.
Trump stated that the new steel factory in Louisiana is a part of Hyundai’s $ 21 billion investment in the United States in the United States in the next few years, and said that the company will also increase its production of automobiles in Georgia and invest billions of dollars in advanced American technology companies.
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