President Donald Trump is already bringing jobs back to the United States!
In a new report, Samsung is set to be building a new plant, not overseas, but in America!
Samsung might open up a plant in the U.S. for its home appliances business after President Donald Trump’s criticism on imports, according to Reuters.
The news comes after Trump previously threatened to implement an import tax on corporations for manufacturing abroad for U.S. customers.
The amount of money Samsung is willing to invest and where the plant will be built has not been decided yet, a source told Reuters.
The South Korean company declined to comment about the plant, but said it has made significant investments in the U.S., including the $17 billion spent to date for its Texas chip plant.
“We continue to evaluate new investment needs in the U.S. that can help us best serve our customers,” the company said in an email.
The Trump Effect continues.
So much winning all at once!