South Korea’s Hyundai announced a $21 billion investment in the U.S. today, with President Trump at the White House. The investment includes a $5.8 billion steel plant in Louisiana, which is expected to produce over 2.7 million metric tons of steel annually.
Additionally, Trump threatened a 25% tariff on any country that buys oil or gas from Venezuela. He posted on Truth Social that the secondary tariff would apply to all trade with the U.S.
Homeland Security Secretary Kristi Noem is set to visit a maximum-security prison in El Salvador that holds alleged Venezuelan gang members deported from the United States. Venezuela is now starting to accept its citizens back, meaning the U.S. won’t need to send them to El Salvador.