Firms will hesitate to invest in US after raid - S Korea presiden


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Posted by mh on September 11, 2025 at 09:30:16

In Reply to: Trump to give the Pres. Medal of Freedom to ... posted by mh on September 11, 2025 at 09:26:44

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 Georgia last week, President Lee Jae Myung has said.

Lee, who was speaking at a news conference to mark the first 100 days of his presidency, said "the situation is extremely bewildering," while noting it is common practice for Korean firms to send workers to help set up overseas factories.

"If that's no longer allowed, establishing manufacturing facilities in the US will only become more difficult... making companies question whether it's worth doing at all," he added.


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