Hyundai

Trump hails Hyundai’s $21B plan for U.S. expansion as vindicating tariffs

Hyundai Motor Manufacturing Alabama
Hyundai is the latest foreign company with plans to ramp up production in the U.S. amid President Donald Trump's trade war threats. It already operates a plant in Alabama, shown. (HYUNDAI MEDIA USA)
Last Updated
March 24, 2025 07:19 PM

WASHINGTON — President Donald Trump celebrated plans by Hyundai Motor Co. to mount a significant expansion in the U.S., casting it as a vindication of his administration’s use of tariffs to pressure foreign manufacturers to create American jobs.

Staying current is easy with newsletters delivered straight to your inbox.