Hyundai, Trump announce $21 billion US investment, new steel plant

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WASHINGTON/SEOUL : South Korea's Hyundai Motor Group announced a $21 billion investment in the United States with President Donald Trump at the White House on Monday.

The investment includes a new $5.8 billion Hyundai Steel plant in Louisiana that will produce over 2.

Numerous companies have announced planned investments following Trump's return to the White House, though some of those statements have included previously announced plans.

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Article Details

Category: EconomyBusiness

Markets: SingaporeGeorgiaGermanySouth KoreaUnited States

Topics: Trump Plant Investment Steel Hyundai Announced South Billion Tariffs United States

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-24 @ 20:57:54 (4 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 512 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 27297486

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 42 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 8 hours ago

Coverage Areas: Singapore

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #27

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