Trump Announces Tariffs as Hyundai Unveils $7.6 Billion Electric Vehicle Plant in Georgia

Hyundai unveiled its new $7.6 billion electric vehicle plant in Georgia as President Trump announced tariffs, potentially affecting production and sales of the company's vehicles in the US market. The factory, which is expected to create thousands of jobs, will produce Hyundai and Kia models. Construction on the facility began two years ago and was completed ahead of schedule. The plant marks a significant investment by Hyundai in the US market.