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CEO of Professional Capital Management Anthony Pompliano, President Donald Trump’s tariffs will increase inflation on the bottom line.
As President Donald Trump Hyundai, which plans to punch tariffs on imported cars and other products, and the United States and South Korean company in the South Korean company connect to the American economy.
Trump showed that Automatic tariffs “25% will be in the neighborhood.”
“Because entered the United States, Hyundai Motor Group has received $ 20.5 billion in the United States, creating and supporting more than 570,000 American works,” Hyundai Motor North America has a statement to Fox News digital Friday.
It says that Trump will present 25% tariffs in autos, pharmaceuticals and chips
The Hyundai logo is shown on March 28, 2018 in New York City Jacob K. Javits Convention Center in the New York International Car Show. (Drawed angry / getty Images)
The company has a new electric vehicle production plant in the state of peaches.
“Buraya, Hyundai Motor Group has the power to produce 300,000 vehicles in the history of Georgia every year, the largest economic development project in the history of Georgia.
Hyundai also has a production facility in Alabama for years.
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Hyundai Motor Company President and CEO José Muñoz showed that the “localization” tariffs are shown as the key.
“So the best way to walk the tariffs is to increase localization,” said Muñoz, AxIos, gave information last month.
In the last Linkedin post, the Hyundai Motor Company (현대자동차) and Hyundai Motor Group invested in billions of dollars in America and create tens of thousands of high-paying American work. “
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“Our growing US production, HMG produced more than 700,000 vehicles in America last year. We are proud to have design, engineering and monastery to support the US economy.”
