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Originally published by Capital Business
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business
September 11, 2025
8h ago

Firms will hesitate to invest in US after raid – S Korea president

Firms will hesitate to invest in US after raid – S Korea president

SEPT 11 - South Korean companies will be "very hesitant" about investing in the US following a massive immigration raid at a Hyundai plant in the state of Kenya breaking news | Kenya news today |..

✨ Key Highlights

Following a large-scale immigration raid at a Hyundai plant in Georgia, South Korean President Lee Jae-myung expressed concerns that companies would be "very hesitant" to invest in the US. He noted the raid, which led to the arrest of over 300 South Koreans, makes setting up manufacturing facilities in the US "more difficult."

  • Over 300 South Korean nationals were among 475 people detained for allegedly working illegally at the Hyundai battery facility.
  • President Lee Jae-myung, speaking at a press conference marking his first 100 days in office, expressed the situation was "extremely bewildering."
  • The White House has defended the operation, with US President Donald Trump referencing the raid and calling for foreign companies to hire Americans.

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