South Korean President Lee Jae-myung slammed last week's US immigration raid at a Hyundai-LG battery plant in Georgia as “bewildering,” warning the action could send chills through future foreign investors 😲.
More than 475 workers, including hundreds of South Korean residents, were detained for minor visa infractions during the largest single-site immigration raid since the Trump era. By Thursday, Seoul expects the remaining detainees to be released and flown back home.
Lee pointed to “cultural differences,” noting that in South Korea, small visa missteps by Americans are rarely a big deal. Now, Korean companies are hesitating: “Is setting up shop in the US worth the risk?” 💼🤔
South Korea is one of the US’s top investors, pouring billions into factories and plants Stateside. A sudden crackdown like this could shake up global investment strategies, especially for tech and auto sectors.
The raid also raises questions about US policy under former President Donald Trump, who welcomed President Lee to the White House just weeks ago. Will this surprise move alter the US–Korea business vibe? 🔄
For young entrepreneurs and students tracking international markets, this incident is a reminder: global expansion comes with unexpected challenges. Stay tuned as we unpack what’s next for S. Korean investors abroad!
Reference(s):
South Korea says 'bewildering' immigration raid could chill investment
cgtn.com
