Automakers including Volkswagen and Hyundai are reassessing major U.S. investments

 Building in America has become riskier, not stronger


 By SDC News One

WASHINGTON [IFS] -- Automakers, including Volkswagen and Hyundai, are reassessing major U.S. investments as uncertainty grows around former President Donald Trump’s tariff policies, according to industry analysts and public statements from company officials.

Volkswagen, which had been exploring plans for a new U.S. manufacturing facility, is now reportedly pulling back amid concerns that higher import tariffs and supply-chain costs would undermine the project’s long-term viability. The proposed plant was expected to generate hundreds of jobs and millions of dollars in regional economic activity.

Hyundai and other global manufacturers have raised similar concerns, warning that unpredictable trade policy increases costs for automakers and consumers alike, while discouraging large-scale capital investment in the United States.

Economists say the hesitation underscores a broader reality of the trade war: higher tariffs have raised prices, disrupted supply chains, and weakened U.S. competitiveness—effects borne largely by American workers and consumers.

Despite mounting evidence of economic fallout, Trump has continued to defend the tariff strategy, insisting it strengthens U.S. manufacturing. Industry leaders and analysts increasingly disagree, arguing that the United States—not foreign competitors—has absorbed much of the damage.

Commentary Kicker
Trade wars don’t scare multinational corporations with slogans. They scare them with instability. And right now, the message global automakers are hearing is simple: building in America has become riskier, not stronger. - 30 -

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