TRUMP ANNOUNCES AUDI WILL BUILD $4B FACTORY IN GEORGIA

What happened: President Donald Trump announced that Audi will build a $4 billion assembly plant in Georgia to produce 200,000 SUVs annually, at a rally in Perry ahead of the Nov. Why it matters: Sen. Bernie Moreno said tariffs brought the plant to the U.S., while critics say tariffs have raised vehicle prices and trade uncertainty has delayed some automaker investments. Audi CEO Gernot Doellner called it a long-term investment in the American market. Coverage: 5 outlets in 24h

President Donald Trump announced that Audi will build a $4 billion assembly plant in Georgia to produce 200,000 SUVs annually, at a rally in Perry ahead of the Nov.

Sen. Bernie Moreno said tariffs brought the plant to the U.S., while critics say tariffs have raised vehicle prices and trade uncertainty has delayed some automaker investments. Audi CEO Gernot Doellner called it a long-term investment in the American market.