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U.S. ICE raid in Hyundai's Georgia plant spooks South Korean companies

CNBC · New
CNBC
CNBC
New

South Korean companies with U.S. investments feeling nervous after U.S. immigration detained over 300 South Korean citizens at a Hyundai-LG battery plant in Georgia over possible unlawful employment practices.

Breakdown
  • U.S. officials detained about 300 South Korean citizens in an immigration raid at Hyundai and LG battery plants in Georgia. 9s
  • The raid was the largest single-site operation in U.S. Homeland Security history, targeting alleged unlawful employment practices. 20s
  • South Korean companies with U.S. investments are expressing concern following the incident. 37s
  • The U.S. administration stressed the importance of complying with immigration laws, but suggested possible easing of visa rules for skilled foreign workers. 48s
  • The incident has highlighted communication issues between the U.S. and South Korea and raised questions about ongoing trade negotiations. 3m 30s
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