Donald Trump’s White House cited South Korean companies as examples of creating factory jobs within the United States. Last month, the White House also mentioned the same Korean conglomerates while promoting the effects of tariffs.
On the 10th (local time), the White House released promotional materials stating that companies from around the world are building production facilities in the U.S. Among the 12 companies mentioned, three were Korean companies: Hyundai Motor, LG Electronics, and Samsung Electronics.
Regarding Hyundai Motor, it stated, “The South Korean car manufacturer announced plans on January 23 to expand production in the U.S. to minimize the impact of tariffs,” adding that “it will produce hybrid cars at a new factory in Georgia.”
For LG Electronics, it reported, “A Korean newspaper reported that the major Korean appliance company is considering relocating its refrigerator manufacturing plant from Mexico to produce washers and dryers at a plant in Tennessee.”
For Samsung Electronics, it introduced that “a Korean media article mentioned considering relocating a dryer manufacturing plant from Mexico to South Carolina.”
Citing a report from Reuters that “(foreign companies) are considering expanding their business or preparing retail stores in the U.S.,” the White House praised it as “a result of President Trump’s commitment to prioritize American workers and enhance U.S. competitiveness.”
Additionally, the White House mentioned other companies such as Japanese carmaker Honda, Taiwanese AI company Inventec, luxury group LVMH, automaker Stellantis, Volkswagen, Volvo, Italian beverage company Campari, Taiwan’s Compal Electronics, and Swedish hygiene products company Essity as examples of companies considering expanding production and investment in the U.S.