President Trump and Louisiana Governor John Bel Edwards announced the opening of a new $5.8 billion steel plant, a key part of a broader $20 billion investment by Hyundai, the South Korean automaker. After his remarks, Trump answered questions from the press.
The plant’s inauguration highlights the positive impact of President Trump’s economic policies, with the White House emphasizing the creation of jobs and increased economic growth. White House Press Secretary Karoline Leavitt took to social media, stating that these investments will lead to more jobs and greater financial benefits for hardworking Americans.
“This investment is a clear demonstration that tariffs very strongly work,” said Trump, adding that the new plant by the South Korean automaker would create 1,400 jobs.
Hyundai Motor Group’s executive chairman, Euisun Chung, told the president: “We are really proud to stand with you and proud to build the future together.”
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