Hyundai Agrees To Deal To Avoid Trump’s Tariffs
Government
Hyundai Motor Group has managed to sidestep the Trump administration’s tariff threats. All it cost was $21 billion. The South Korean conglomerate, known primarily for its cars, pledged on March 24 to allocate $9 billion to boost its US automobile production capacity to 1.2 million units annually. Another $6 billion will enhance steel operations, increase localization, and reinforce supply chains. Additionally, $6 billion will go toward energy infrastructure, such as EV charging networks. In
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