Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Trump touts $4 billion Audi plant in Georgia as he defends tariffs

Trump touts $4 billion Audi plant in Georgia as he defends tariffs

U.S. President Donald Trump defended his tariff policies during a campaign rally in Georgia, announcing that Volkswagen plans to build a new Audi manufacturing plant in the state. The proposed facility, valued at approximately $4 billion, is expected to create 4,500 jobs and produce up to 200,000 vehicles annually. Audi plans to manufacture its larger premium SUV models at the Macon, Georgia facility, with construction set to begin in 2027 and production targeted for the early 2030s.

Trump credited his administration's trade policies for securing the investment, arguing that tariffs were encouraging foreign manufacturers to expand production in the United States. This announcement comes as the president faces political pressure over inflation and household living costs ahead of the November 3 midterm elections.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at investing.com →

More in Finance & Markets

More from Sunday 25 October →