Morning Wire Car Maker Invests Big & Snow White Bombs | 3.25.25
17 snips
Mar 25, 2025 A South Korean automaker makes a monumental $21 billion investment in U.S. manufacturing, sparking discussions on job creation and import tariffs. Meanwhile, legal battles arise for the Trump administration over immigration policies, impacting deportation efforts. On the entertainment front, Disney's live-action Snow White disappoints at the box office, revealing audience fatigue and potential cultural missteps. Critics question the narrative changes and the lead actress's views, highlighting a turning point for Disney's remakes.
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Hyundai's US Investment
- Hyundai announced a $21 billion investment in US manufacturing, including a new steel plant and auto plant.
- This follows a trend of foreign companies like Apple, SoftBank, and Taiwan Semiconductor investing in American manufacturing.
Impact of Tariffs
- Trump's tariffs on steel, aluminum, and Asian auto imports incentivize foreign companies to manufacture in the US.
- This "on-shoring" trend has led to significant investments from companies seeking to avoid tariffs.
Accidental War Plans Leak
- Atlantic editor Jeffrey Goldberg was accidentally added to a Signal group chat with senior Trump administration officials.
- The chat revealed discussions about airstrikes against Houthi terrorists in Yemen.