See every side of every news story
Published loading...Updated

Hyundai unveils $21bn US investment as Trump tariffs loom

  • South Korean automaker Hyundai will invest $5.8 billion to build a steel mill in Louisiana, which will create an estimated 1,300 direct jobs and begin construction in late 2026.
  • President Donald Trump stated that the investment is part of Hyundai's broader $21 billion expansion in the U.S.
  • Hyundai's new facility will be its first steel mill in the United States, producing over 2.7 million metric tons of steel annually.
  • Governor Jeff Landry remarked that the announcement marks a shift from offshoring jobs to onshoring in the U.S.
Insights by Ground AI
Does this summary seem wrong?

307 Articles

All
Left
27
Center
71
Right
49
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 48% of the sources are Center
48% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

The Korea Times broke the news in Korea, Republic of on Thursday, March 20, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.