Today, Mercedes-Benz announced it will move production of another vehicle to the U.S. — the latest result of President Donald J. Trump’s relentless pursuit of American manufacturing dominance.
The automaker will produce the vehicle at its Tuscaloosa, Alabama, plant following signals earlier this year that the company will make additional investment in its U.S.-based operations.
Mercedes isn’t the only automaker onshoring production as President Trump incentivizes making things in America again:
•BMW is considering adding shifts to boost production at its South Carolina plant.
•Honda plans to shift production of the Civic from Japan to the U.S.
•Hyundai announced a $20 billion investment — including $5.8 billion for a new Louisiana steel plant to support its U.S.-based vehicle production — amid their pledge to “further localize production in the U.S.”
•Kia plans to produce hybrid vehicles at its affiliate Hyundai’s Georgia factory.
•Nissan is considering moving production from Mexico to the U.S.
•Stellantis announced it will reopen its Belvidere, Illinois, plant to build a new midsize pickup truck.
•Toyota announced it will boost hybrid vehicle production at its West Virginia plant.
ICYMI: TRUTH Social Post from President Donald J. Trump
@realDonaldTrump
I am pleased to announce that I will be nominating Mike Waltz to be the next United States Ambassador to the United Nations. From his time in uniform on the battlefield, in Congress and, as my National Security Advisor, Mike Waltz has worked hard to put our Nation’s Interests first. I know he will do the same in his new role. In the interim, Secretary of State Marco Rubio will serve as National Security Advisor, while continuing his strong leadership at the State Department. Together, we will continue to fight tirelessly to Make America, and the World, SAFE AGAIN. Thank you for your attention to this matter!
See the Truth here
Fact Sheet: President Donald J. Trump Secures Agreement to Establish United States-Ukraine Reconstruction Investment Fund
A FIRST-OF-ITS-KIND HISTORIC PARTNERSHIP: Under the leadership of President Donald J. Trump, the US and Ukraine entered into a historic agreement on April 30, launching a first-of-its-kind partnership for the reconstruction and long-term economic success of Ukraine.
- From start to finish, this agreement is a fully collaborative partnership between our nations, that both the United States and Ukraine will benefit from.
- This partnership represents the United States taking an economic stake in securing a free, peaceful, and sovereign future for Ukraine.
- This agreement will also strengthen the strategic partnership between the United States and Ukraine for long-term reconstruction and modernization, in response to the large-scale destruction caused by Russia’s full-scale invasion.
- The Treasury Department and the U.S. International Development Finance Corporation (DFC) will work together with the Government of Ukraine to finalize governance and advance this important partnership.
- The United States’ DFC will work together with Ukraine’s State Organization Agency on Support Public-Private Partnership, both of which are backed by the full faith and credit of their respective nations.
LONG TERM RETURNS FOR BOTH COUNTRIES: President Trump envisioned this partnership between the Americans and the Ukrainians to show both sides’ commitment to lasting peace and prosperity in Ukraine.
- This partnership between the United States and Ukraine establishes a fund that will receive 50% of royalties, license fees, and other similar payments from natural resource projects in Ukraine.
- That money will be invested in new projects in Ukraine, which will generate long term returns for both the American and Ukrainian peoples.
- As new projects are identified, resources in the fund can be quickly allocated towards economic growth, job creation, and other key Ukrainian development priorities.
- Indirect benefits will include a stronger private sector and more robust, lasting infrastructure for Ukraine’s long-term success.
- That money will be invested in new projects in Ukraine, which will generate long term returns for both the American and Ukrainian peoples.
- The partnership will be controlled by a company with equal representation of three Ukrainian and three American board members, who will work together through a collaborative process to make decisions for allocation of fund resources, such as investment and distributions.
- The partnership will also bring the highest levels of transparency and accountability to ensure that the people of Ukraine and the United States are able to enjoy the benefits of Ukraine’s reconstruction.
- Natural resource projects will include minerals, hydrocarbons, and related infrastructure development.
- If the United States decides to acquire these resources for ourselves, we will be given first choice to either acquire them or designate the purchaser of our choice.
- Economic security is national security, and this important safeguard prevents critical resources from falling into the wrong hands.
- Importantly, this partnership sends a strong message to Russia – the United States has skin in the game and is committed to Ukraine’s long-term success.
◦No state, company, or person who financed or supplied the Russian war machine will be allowed to benefit from the reconstruction of Ukraine, including participation in projects supported by fund resources.