Donald Trump announced the establishment of an Audi factory in the United States worth 4 billion dollars. The German automaker plans to locate a facility in Georgia. The plant will produce 200,000 SUVs a year, Reuters reports. The agency notes that the head of the White House is putting pressure on the car manufacturers, increasing tariffs on cars, steel, aluminum and components and pushing for the transfer of production to the United States. Trump's tariffs cost Audi $1.4 billion last year because it imports all of its U.S.-market vehicles from Europe or Mexico. RBC channel at max.

Donald Trump announced the establishment of an Audi factory in the United States worth 4 billion dollars. The German automaker plans to locate a facility in Georgia. The plant will produce 200,000 SUVs a year, Reuters reports. The agency notes that the head of the White House is putting pressure on the car manufacturers, increasing tariffs on cars, steel, aluminum and components and pushing for the transfer of production to the United States. Trump's tariffs cost Audi $1.4 billion last year because it imports all of its U.S.-market vehicles from Europe or Mexico. RBC channel at max.