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Hyundai to Announce $20B US Investment; Trump to Impose 25% Tariff on Nations Buying Venezuelan Oil
24th March 2025 • NTD News Today • NTD News Today
00:00:00 00:44:40

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South Korean automaker Hyundai will announce a $20 billion investment in the United States. This includes a $5 billion investment in a steel mill in Louisiana. White House press secretary Karoline Leavitt reposted a link to the story, writing, "more investments, more jobs and more money in the pockets of hardworking Americans".

President Donald Trump said on Monday that any country that buys oil or gas from Venezuela will pay a 25% tariff on any trades made with the United States. This "secondary tariff" will take effect on April 2, Trump said in a Truth Social post.

Second lady Usha Vance will travel to Greenland with her son and a U.S. delegation later this week. Vance and the delegation will visit “historical sites, learn about Greenlandic heritage, and attend the Avannaata Qimussersu, Greenland’s national dogsled race,”  her office said.

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