Hyundai Motor, a South Korean conglomerate known for its automobiles, will invest $21 billion to expand manufacturing in the United States in what President Trump said was proof that his tariff policies were creating jobs.

It's the largest investment ever in the U.S. for the South Korean conglomerate according to its chairman Euisun Chung.

South Korea’s Hyundai Steel will invest $5.8 billion along with Hyundai Motor Group to build a steel plant in the U.S. state of Louisiana with an

Hyundai Motor Group announced that it will invest $21 billion in its US operations, including $6 billion for a new steel plant in Louisiana. Hyundai Chairman Euisun Chung joined President Donald Trump at the White House for Monday’s announcement.

South Korean company Hyundai announced its plan for a steel mill in the U.S. "There are increasing signs of that we've actually established a tradable bottom." Three supercharged dividend stocks -- sporting an average yield of 10.