BusinessPostCorner.com
No Result
View All Result
Friday, July 17, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Trump says he doesn’t want to ‘frighten off’ foreign investment after ICE raid on Korean plant

September 14, 2025
in Business
Reading Time: 2 mins read
A A
0
Trump says he doesn’t want to ‘frighten off’ foreign investment after ICE raid on Korean plant
ShareShareShareShareShare

President Donald Trump on Sunday said foreign workers sent to the United States are “welcome” and he doesn’t want to “frighten off” investors, 10 days after hundreds of South Koreans were arrested at a work site in Georgia.

In a post on his Truth Social platform, the 79-year-old Republican wrote: “I don’t want to frighten off or disincentivize investment.”

Some 475 people, mostly South Korean nationals, were arrested at the construction site of an electric vehicle battery factory, operated by Hyundai-LG, in the southeastern US state of Georgia on September 4.

Immigration and Customs Enforcement (ICE) officials alleged South Koreans had overstayed their visas or held permits that didn’t allow them to perform manual labor.

The Georgia raid was the largest single-site operation conducted since Trump launched a sweeping immigration crackdown across the country.

Though the United States decided against deportation, images of the workers being chained and handcuffed during the raid caused widespread alarm in South Korea.

Seoul repatriated the workers on Friday.

South Korean President Lee Jae Myung called the raid “bewildering” and warned Thursday that the raid could discourage future investment.

In his post, Trump described the circumstances for temporarily allowing foreign experts into the US to build “extremely complex products.”

“Chips, Semiconductors, Computers, Ships, Trains, and so many other products that we have to learn from others how to make, or, in many cases, relearn because we used to be great at it, but not anymore,” Trump wrote.

“We welcome them, we welcome their employees, and we are willing to proudly say we will learn from them, and do even better than them at their own ‘game,’ sometime in the not too distant future,” Trump added.

Korea’s trade unions have called on Trump to issue an official apology.

Fortune Global Forum returns Oct. 26–27, 2025 in Riyadh. CEOs and global leaders will gather for a dynamic, invitation-only event shaping the future of business. Apply for an invitation.

Credit: Source link

ShareTweetSendPinShare
Previous Post

The Federal Reserve is about to have an extremely awkward meeting

Next Post

V Global Crypto Exchange Accomplices Get Suspended Sentences

Next Post
V Global Crypto Exchange Accomplices Get Suspended Sentences

V Global Crypto Exchange Accomplices Get Suspended Sentences

U.S. and Iran both say they control the Strait of Hormuz amid attacks threatening all-out war

U.S. and Iran both say they control the Strait of Hormuz amid attacks threatening all-out war

July 13, 2026
Robinhood Chain Beats Hyperliquid DEX Volume in Week One

Robinhood Chain Beats Hyperliquid DEX Volume in Week One

July 10, 2026
Euro Car Parks being investigated over petrol forecourt parking tickets

Euro Car Parks being investigated over petrol forecourt parking tickets

July 16, 2026
How Adobe’s CMO is preparing for AI-driven brand discovery

How Adobe’s CMO is preparing for AI-driven brand discovery

July 14, 2026
SEC email address mix-up for comments on semiannual reporting proposal causing confusion

SEC email address mix-up for comments on semiannual reporting proposal causing confusion

July 14, 2026
EU threatens Meta with fines over ‘addictive’ Facebook and Instagram

EU threatens Meta with fines over ‘addictive’ Facebook and Instagram

July 10, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

U.S. companies have received  billion in tariff refunds but now must combat Iran war inflation

U.S. companies have received $71 billion in tariff refunds but now must combat Iran war inflation

July 17, 2026
China hits out at British Steel nationalisation

China hits out at British Steel nationalisation

July 17, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!