Hyundai, Nissan and other global automakers expressed their intention to expand production and build factories in the United States

After President Trump announced his tariff policy, many global automakers, including Hyundai and Nissan, expressed their intention to expand production and build factories in the U.S. Hyundai Motor Group will invest $21 billion in the U.S. over the next five years, including building new steel plants, expanding electric vehicle production bases, and strengthening technology research and development. It aims to reduce the impact of tariffs through localized production and cater to the U.S. government's call for the return of manufacturing.