This is part of a $20 billion investment in American manufacturing, which is due in overwhelming measure to President Trump’s tariffs and regulatory policies.

As vice president J.D. Vance said a week ago, “We’re going to cut your taxes, we’re going to slash regulations, and we’re going to reduce the cost of energy to build things right here in this country.

“But if you try to undercut us and build outside of our borders,” said Vance, “President Trump’s administration has got nothing for you.”

Lots of manufacturers are taking that to heart, and you’re beginning to see these announcements about big manufacturing plants getting located back in the United States popping up like mushrooms.

Almost $3 TRILLION in new investments coming to America b/c of Trump’s tariff policies

And this doesn’t even include his new $5 million Gold business Visas which already raised $5 billion on their 1st day

Our economy is going to be ROARING by midterms https://t.co/Jwp2Nlrf6n

— DC_Draino (@DC_Draino) March 24, 2025

It’s nice to see Louisiana getting some of that action, obviously. For the eight years that John Bel Edwards was governor these announcements were pretty few and far between, and the ones which did make it into the sunlight were typically projects that had been agreed to when Bobby Jindal was governor.

Jeff Landry has taken some steps to make Louisiana a little more competitive economically, though most of his tax reform agenda depends on the passage of Amendment 2 in Saturday’s statewide vote.

This project doesn’t appear to be dependent on that, though; it’s a lot more dependent on the April 2 tariff deadline. Hyundai wants to get in front of that by signaling that the cars they sell in America will be made here.

BREAKING: Hyundai is announcing a $20 billion U.S. investment today with President Trump – CNBC

It will involve a new steel plant in Louisiana, including 1,500 new American jobs.

The Trump Effect. pic.twitter.com/10sq4KopoJ

— Eric Daugherty (@EricLDaugh) March 24, 2025

As steel is a significant component part, a big steel plant makes sense.

And Ascension Parish, Louisiana, located on the Mississippi River where a massive amount of iron and steel are transported, makes a great deal of sense.