Companies are beginning to move production to the United States to avoid tariffs. “President Trump’s economic polices are simple: if you invest in and create jobs in America, you’ll be rewarded. We’ll lower regulations and reduce taxes,” Vice President J.D. Vance posted online. “But if you build outside of the United States, you’re on your own.”
Hyundai announced a massive $20 billion investment in the United States with plans to open plants in Georgia and Alabama. Around $5.8 million will go towards an updated steel plant that is expected to employ over 1,400 people. Hyundai believes it will soon produce over 1 million cars in America per year.
Eli Lilly is sending $27 million to the US economy as it enhances domestic pharmaceutical production, equating to a total of $50 billion in US manufacturing since 2020. Johnson & Johnson also plans to invest $55 billion in…
