News updated today Live desk
For publishersAbout
Breaking
Follow latest
Back to latest stories
World

Trump hails tariffs for new US$4.2 billion Audi plant in Georgia

President Donald Trump defended his decision to wield tariffs during a campaign rally in Georgia, saying they have made the US richer, as he announced that Volkswagen agreed to build a new US$4.2 billion Audi plant in the state. “Think of that. 200,000 cars a year. That’s incredible,” Trump told a crowd in the city of Perry. “This will be the single largest investment in US auto industry history, modern history.” Later, he added, “Without tariffs, they wouldn’t be coming in.” Trump was speaking.

SC
Originally published bySCMP 2h ago · scmp.com
Read full report at SCMP

NewsBeagle is a discovery engine. We show the headline, a short source-supplied summary and clear attribution. The complete reporting remains with the publisher.