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Business

Samsung Electronics mulls new US plants to make appliances

Company says such a move will 'boost global competitiveness'

SEOUL -- Samsung Electronics said Thursday it was considering building plants to make home appliances in the U.S. as part of its mid- to long-term strategy.

The South Korean tech company said it was thinking of setting up factories in the U.S. to cope with changing circumstances. One of U.S. President Donald Trump's key economic policies is protectionism and under that, he has been pressuring companies to move overseas production lines to America.

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