The automaker said it has moved some manufacturing of Tucson crossovers to the US from Mexico, and is weighing whether to shift some South Korean vehicle production over, as well.

The U.S. is an important sales hub for the Hyundai Motor Company as a whole. Over one-third of its global sales are from the United States, however, it is particularly vulnerable to the Trump administration's tariffs as most of its U.S. car sales are imported from abroad.