{"id":2414855,"date":"2025-03-24T22:19:59","date_gmt":"2025-03-25T02:19:59","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-lands-20-billion-investment-from-automotive-giant-abundance-of-new-american-jobs-incoming\/"},"modified":"2025-03-24T22:21:57","modified_gmt":"2025-03-25T02:21:57","slug":"trump-lands-20-billion-investment-from-automotive-giant-abundance-of-new-american-jobs-incoming","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-lands-20-billion-investment-from-automotive-giant-abundance-of-new-american-jobs-incoming\/","title":{"rendered":"Trump Lands $20 Billion Investment from Automotive Giant &#8211; Abundance of New American Jobs Incoming"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-lands-20-billion-investment-from-automotive-giant-abundance-of-new-american-jobs-incoming%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2414855&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>President Donald trump announced that South Korean conglomerate Hyundai will invest nearly $21 billion in the U.S. economy over the next four years.This includes $5.8 billion to construct a steel manufacturing plant in Louisiana, which will create over 1,400 jobs and supply Hyundai&#8217;s facilities in Alabama and Georgia.Trump touted this investment as evidence that tariffs are effective and encouraged other companies to follow suit in building products in America to avoid tariffs. Hyundai&#8217;s Chairman Euisun Chung mentioned that this is the largest investment the company has made in its U.S. operations, which also includes an $8 billion auto plant in Savannah, Georgia, set to create over 8,500 jobs. This strategic move responds to Trump&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/japans-trust-crisis-after-abe\/\" title=\"Japan\u2019s Trust Crisis After Abe\">economic policies aimed<\/a> at promoting American manufacturing and decreasing tariffs, with a reported $3 trillion in U.S. investments announced since his presidency began. Trump&#8217;s management also plans to lower the corporate tax rate for U.S.-manufactured products to further stimulate domestic investment.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><\/p>\n<p>President Donald Trump announced on Monday that South Korean conglomerate Hyundai will be investing nearly $21 billion in the U.S. economy over the next four years.<\/p>\n<p>This investment will include $5.8 billion to build a steel manufacturing plant in Louisiana, employing over 1,400 workers. The plant will supply Hyundai&rsquo;s automotive production facilities in Alabama and Georgia.<\/p>\n<p>These plants will soon produce more than one million American-made cars every year, Trump said.<\/p>\n<p>&ldquo;This investment is a clear demonstration that tariffs very strongly work, and I hope other things also, but the <a href=\"https:\/\/www.westernjournal.com\/flashback-bidens-commerce-secretary-admitted-trumps-tariffs-work\/\" target=\"_blank\" rel=\"noopener\">tariffs are bringing<\/a> them in at levels that have not been witnessed,&rdquo; the president argued.<\/p>\n<p>&ldquo;You know there are no tariffs if you make your product in America. That&rsquo;s why so many people are coming,&rdquo; Trump emphasized.<\/p>\n<p> <script type=\"text\/javascript\"> \t\t\tif ( getCookie( \"ff_subbed\" ) ) { \t\t\t\tdocument.getElementById(\"stnvideo\").remove() \t\t\t} else { \t\t\t\tdocument.addEventListener(\"DOMContentLoaded\", function() { \t\t\t\t\tfunction loadScript(src) { \t\t\t\t\t\tconst script=document.createElement(\"script\"); \t\t\t\t\t\tscript.src=src; \t\t\t\t\t\tscript.async=true; \t\t\t\t\t\tdocument.body.appendChild(script); \t\t\t\t\t} \t\t\t\t\tfunction findPreviousParagraph(selector, x) { \t\t\t\t\t\tconst targetElement=document.querySelector(selector); \t\t\t\t\t\tif (!targetElement) { \t\t\t\t\t\t\tconsole.warn(\"Target element not found.\"); \t\t\t\t\t\t\treturn null; \t\t\t\t\t\t}  \t\t\t\t\t\t\/\/ Get all <\/p>\n<p> elements in order as they appear in the document \t\t\t\t\t\tlet paragraphs=Array.from(document.querySelectorAll(\"p\"));  \t\t\t\t\t\t\/\/ Find the index of the last <\/p>\n<p> before the target element \t\t\t\t\t\tlet targetIndex=paragraphs.findIndex(p=> p.compareDocumentPosition(targetElement) & Node.DOCUMENT_POSITION_PRECEDING);  \t\t\t\t\t\tif (targetIndex===-1 || targetIndex <x) { \t\t\t\t\t\t\tconsole.warn(\"Not enough paragraphs before the target element.\"); \t\t\t\t\t\t\treturn null; \t\t\t\t\t\t}  \t\t\t\t\t\treturn paragraphs[targetIndex - x]; \t\t\t\t\t}  \t\t\t\t\t\/\/ Set up IntersectionObserver \t\t\t\t\tfunction observeElement(element) { \t\t\t\t\t\tif (!element) return;  \t\t\t\t\t\tconst observer=new IntersectionObserver( \t\t\t\t\t\t\t(entries)=> { \t\t\t\t\t\t\t\tentries.forEach(entry=> { \t\t\t\t\t\t\t\t\tif (entry.isIntersecting) { \t\t\t\t\t\t\t\t\t\tconsole.log(\"Paragraph is now visible:\", entry.target.textContent.trim()); \t\t\t\t\t\t\t\t\t\tloadScript(\"https:\/\/embed.sendtonews.com\/player3\/embedcode.js?fk=s28Az7AY\"); \t\t\t\t\t\t\t\t\t\tobserver.disconnect(); \t\t\t\t\t\t\t\t\t} \t\t\t\t\t\t\t\t}); \t\t\t\t\t\t\t}, \t\t\t\t\t\t\t{ threshold: 0.5 } \/\/ Adjust threshold as needed \t\t\t\t\t\t);  \t\t\t\t\t\tobserver.observe(element); \t\t\t\t\t}  \t\t\t\t\t\/\/ Find the 1st paragraph before #stnvideo and observe it \t\t\t\t\tlet paragraphToObserve=findPreviousParagraph(\"#stnvideo\", 2); \t\t\t\t\tobserveElement(paragraphToObserve); \t\t\t\t}); \t\t\t} \t\t<\/script> <\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">President Trump: &ldquo;Hyundai is announcing a major 5.8 billion investment in American manufacturing&hellip; Hyundai will be building a brand new <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-people-behind-joe-bidens-fact-check-team-have-a-history-of-lying-to-the-american-people\/\" title=\"The People Behind Joe Biden\u2019s \u2018Fact Check\u2019 Team Have A History Of Lying To The ...n People\">steel plant<\/a> in Louisiana&hellip;&rdquo; <a href=\"https:\/\/t.co\/yi35EqXefx\">pic.twitter.com\/yi35EqXefx<\/a><\/p>\n<p>&mdash; CSPAN (@cspan) <a href=\"https:\/\/twitter.com\/cspan\/status\/1904244373161742831?\">March 24, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Hyundai Chairman Euisun Chung, who also spoke at the White House event, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-backs-republican-covid-19-package-after-mcconnell-rejects-bipartisan-proposal\/\" title=\"Trump backs Republican COVID-19 package after McConnell rejects bipartisan proposal\">told reporters<\/a> that his company&rsquo;s new $21 billion investment will be the largest sum it has ever put into its U.S. operations.<\/p>\n<p>Chung noted his company&rsquo;s decision to build an $8 billion auto plant in Savannah, Georgia, which will open this week, was the result of a meeting he had with Trump in Seoul, South Korea, in 2019.<\/p>\n<p>The plant will employ more than 8,500 people, he said.<\/p>\n<p>Hyundai&rsquo;s global CEO Jos&eacute; Mu&ntilde;oz recently told <a href=\"https:\/\/www.axios.com\/2025\/01\/15\/hyundai-trump-tariffs\" target=\"_blank\" rel=\"noopener\">Axios<\/a> that &ldquo;the best way&rdquo; for the company to handle tariffs is to &ldquo;increase localization,&rdquo; meaning to increasingly build its cars and develop its supply chain in the U.S.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/03\/24\/south-korea-hyundai-us-investment.html\" target=\"_blank\" rel=\"noopener\">CNBC<\/a> reported, &ldquo;Hyundai&rsquo;s announcement comes as <a href=\"https:\/\/amzn.to\/3YuVZYV\">major international conglomerates<\/a> are racing to dodge tariffs and avoid a trade war ahead of Trump&rsquo;s April 2 tariff deadline. Taiwan Semiconductor Manufacturing Co. and Japan&rsquo;s SoftBank are among the major foreign players that have visited the White House in the last two months to announce big U.S. onshoring plans.&rdquo;<\/p>\n<p>Various countries and companies have <a href=\"https:\/\/www.westernjournal.com\/apple-announces-unprecedented-job-creating-investment-days-ceo-met-trump\/\" target=\"_blank\" rel=\"noopener\">announced<\/a> nearly <a href=\"https:\/\/www.dailysignal.com\/2025\/03\/04\/trump-3-trillion-investment-american-economy\/\" target=\"_blank\" rel=\"noopener\">$3 trillion<\/a> in U.S. investments since Trump took office.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Almost $3 TRILLION in new investments coming to America b\/c of Trump&rsquo;s tariff policies<\/p>\n<p>And this doesn&rsquo;t even include his new $5 million Gold business Visas which already raised $5 billion on their 1st day<\/p>\n<p>Our economy is going to be ROARING by midterms <a href=\"https:\/\/t.co\/Jwp2Nlrf6n\">https:\/\/t.co\/Jwp2Nlrf6n<\/a><\/p>\n<p>&mdash; DC_Draino (@DC_Draino) <a href=\"https:\/\/twitter.com\/DC_Draino\/status\/1904192438245232769?\">March 24, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In addition to tariffs, Trump&rsquo;s plan includes <a href=\"https:\/\/www.westernjournal.com\/trump-white-house-planning-largest-tax-cut-history-middle-class\/\" target=\"_blank\" rel=\"noopener\">lowering the corporate tax rate<\/a> from 21 to 15 percent for companies that make their product in the U.S.<\/p>\n<p>White House Press Secretary <a href=\"https:\/\/www.westernjournal.com\/watch-karoline-leavitt-hands-briefing-room-podium-9-year-old-girl-battling-cancer-fields-questions-like-pro\/\" target=\"_blank\" rel=\"noopener\">Karoline Leavitt<\/a> posted on X, &ldquo;More investments, more jobs, and more money in the pockets of hardworking Americans &ndash; all thanks to President Trump&rsquo;s economic policies.&rdquo;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">More investments, more jobs, and more money in the pockets of hardworking Americans &ndash; all thanks to President Trump&rsquo;s economic policies.<\/p>\n<p>President Trump is Making America Wealthy Again.&#128184;<a href=\"https:\/\/t.co\/AWzGvRTfeQ\">https:\/\/t.co\/AWzGvRTfeQ<\/a><\/p>\n<p>&mdash; Karoline Leavitt (@PressSec) <a href=\"https:\/\/twitter.com\/PressSec\/status\/1904159962130997498?\">March 24, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>She added, &ldquo;President Trump is Making America Wealthy Again.&rdquo;<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> \t\t\t\t\t\t<label>* Name<\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"name\" required> \t\t\t\t\t<\/div>\n<div class=\"sc--field\"> \t\t\t\t\t\t<label>* <\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"\" required> \t\t\t\t\t<\/div>\n<p> \t\t\t\t\t<label>* Message<\/label> \t\t\t\t\t<br \/> \t\t\t\t\t<textarea name=\"message\" required><\/textarea> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> \t\t\t\t\t<input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\"> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> \t\t<script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! ( opts[inputs[i]]=document.querySelector( '.entry-submit-correction [name=\"' + inputs[i] + '\"]' ).value ) ) { \t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .required-message' ).style.display='block'; \t\t\t\t\t\treturn; \t\t\t\t\t}  \t\t\t\t\tdocument.querySelector( '.entry-submit-correction input[type=\"submit\"]' ).style.display='none'; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).src=firefly_loading_gif_url; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='inline-block';  \t\t\t\t\tconsole.log( 'ma subbing' );  \t\t\t\t\tif( firefly_post_id ) opts['post_id']=firefly_post_id;  \t\t\t\t\t\/* Send the data using post with element id name and name2*\/ \t\t\t\t\tvar posting=jQuery.post( firefly_ajax_url, opts );  \t\t\t\t\t\/* Alerts the results *\/ \t\t\t\t\tposting.done( function( response ) { \t\t\t\t\t\tif( response.success ) { \t\t\t\t\t\t\tconsole.log( response.data ); \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='none'; \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-confirm' ).style.display='block';  \t\t\t\t\t\t\tdataLayer.push( { 'event': 'submit-correction' } ); \t\t\t\t\t\t} \t\t\t\t\t}); \t\t\t\t}); \t\t\t} \t\t<\/script> \t     \t\t\t\t\t\t     \t\t\t\t\t<\/div>\n<p style=\"border: 1px solid #f5f5f5; padding: 16px;\">Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. <a href=\"https:\/\/www.westernjournal.com\/advertise-us\/?wj_source=article\">Advertise Today<\/a>.<\/p>\n<p><script>console.log(\"ad slot (BA1)\")<\/script> \t\t<\/p>\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<\/section>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday, President Donald Trump revealed that South Korean company Hyundai plans to invest almost $21 billion in the U.S. economy over the next four years. This includes a $5.8 billion investment to construct a steel manufacturing facility in Louisiana, which will create more than 1,400 jobs. The plant will support Hyundai&#8217;s automotive production sites in Alabama and Georgia, where they are expected to produce over one million cars annually. Trump stated that this investment highlights the effectiveness of tariffs and expressed hope that other factors would also contribute positively. He emphasized that there are no tariffs for products made in America, which is why many companies are choosing to invest here.<\/p>\n<p>Hyundai Chairman Euisun Chung mentioned at the White House event that this $21 billion investment marks the largest amount ever allocated by Hyundai for its U.S. operations. He noted that their decision to build an $8 billion auto plant in Savannah, Georgia\u2014set to open soon\u2014was influenced by a meeting with Trump in Seoul back in 2019; this facility will employ over 8,500 people.<\/p>\n<p>Hyundai\u2019s global CEO Jos&eacute; Mu&ntilde;oz recently indicated that increasing localization is key for managing tariffs effectively by building more cars and developing supply chains within the U.S. CNBC reported on major international companies seeking ways to avoid tariffs ahead of Trump&#8217;s April 2 deadline.<\/p>\n<p>Since Trump&#8217;s presidency began, nearly $3 trillion has been pledged as new investments into America from various countries and corporations due to his tariff policies and initiatives like reducing corporate tax rates for domestic production.<\/p>\n<p>White House Press Secretary Karoline Leavitt highlighted these developments on social media as evidence of President Trump&#8217;s successful economic strategies aimed at boosting investments and job creation while enhancing American wealth<\/p>\n","protected":false},"author":1,"featured_media":2414856,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2025\/03\/Trump-Hyundai.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[18147,9168,9177,4330,3634],"class_list":["post-2414855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-automotive","tag-economy","tag-investment","tag-jobs","tag-trump"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2025\/03\/Trump-Hyundai.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2414855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2414855"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2414855\/revisions"}],"predecessor-version":[{"id":2414859,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2414855\/revisions\/2414859"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2414856"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2414855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2414855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2414855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}