South Korea's Hyundai announces $21 billion U.S. investment

South Korean conglomerate Hyundai on Monday announced a roughly $21 billion investment in U.S. onshoring that includes a $5.8 billion steel plant in Louisiana.

Topics

South Korea's Hyundai announces $21 billion U.S. investment

Hyundai is the latest major international conglomerate to announce investments ahead of Trump's April 2 tariff deadline.
CNBC - 1d
Trump touts major Hyundai investment in US, including Louisiana steel plant

South Korean automaker Hyundai announced Monday it will invest $20 billion in the United States, including on a new steel plant in Louisiana. President Trump touted the news at the White House, ...
The Hill - 1d
Hyundai says it will build $5.8 billion steel mill in Louisiana

President Trump touts Korean automaker's pledge to invest billions in the U.S., saying tariff threats are working.
CBS News - 1d
Hyundai announces $21bn US investment as Trump tariffs loom

South Korean carmaker plans to create 14,000 full-time jobs and expand links with US firms on tech including AI. Business live – latest updates South Korea’s Hyundai has said it will make a ...
The Guardian - 14h
Hyundai to Invest $21 Billion in US in Bid to Avoid Trump’s Tariffs

Hyundai already makes cars in the United States, in Georgia and Alabama.
The New York Times - 4h
Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods

Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.
CNBC - Mar. 12
Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion

Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's first institutional investment.
CNBC - Mar. 13
Salesforce pledges to invest $1 billion in Singapore over five years in AI push

Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years.
CNBC - Mar. 12
AstraZeneca to invest $2.5 billion in Beijing hub as it looks beyond Chinese tax probe

British pharmaceutical giant AstraZeneca announced on Friday that it will invest $2.5 billion in a research and development center in the Chinese capital.
CNBC - 4d

More from NBC News

Gabbard and Ratcliffe say Yemen strike chat did not have classified information

During questioning from Sen. Mark Warner, D-Va., DNI Tulsi Gabbard refused to answer if she was included in a group chat about military strikes in Yemen that accidentally included a journalist and ...
NBC News - 8h
Speaker Mike Johnson floats eliminating federal courts as GOP ramps up attacks on judges

Facing pressure from his right flank to take on judges who have ruled against President Donald Trump, Speaker Mike Johnson, R-La., on Tuesday floated the possibility of Congress eliminating federal ...
NBC News - 5h
Democrats grill Social Security nominee over disruptions as Republicans defend Trump

WASHINGTON — President Donald Trump’s nominee to lead the Social Security Administration, Frank Bisignano, got an earful from Senate Democrats at his confirmation hearing Tuesday, in the wake of ...
NBC News - 4h
Judge rules Columbia protester can't be detained as she fights deportation

A federal judge ruled Tuesday that a Columbia University student who took part in campus protests against Israel's military offensive in Gaza cannot be detained as she fights orders for her ...
NBC News - 10h
These trans wrestlers put their own spin on masculinity

At the sold-out T Boy Wrestling 2.0 competition, organized by Trans Dudes of LA, the performers reminded the crowd that wrestling is hot, and that a life well lived is the best revenge of all.
NBC News - 4h