EconomyLens.com
No Result
View All Result
Tuesday, September 16, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Business

Trump concerned S. Korean arrests could ‘frighten’ investors

Emma Reilly by Emma Reilly
September 16, 2025
in Business
Reading Time: 4 mins read
A A
2
19
SHARES
235
VIEWS
Share on FacebookShare on Twitter

Trump voiced hopes that a raid on a South Korean company's work site won't chill international investment . ©AFP

New York (AFP) – 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.”

Related

German defence giant Rheinmetall to take over warship maker

German defence giant Rheinmetall to take over warship maker

Australia’s ANZ bank hit with record fine over ‘widespread misconduct’

Trump concerned S. Korean arrests could ‘frighten’ investors

Boeing defense workers reject deal to end strike

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.

© 2024 AFP

Tags: immigrationinvestmentSouth Korea
Share8Tweet5Share1Pin2Send
Previous Post

Lab-grown diamonds robbing southern Africa of riches

Next Post

New round of US-China trade talks kicks off in Madrid

Emma Reilly

Emma Reilly

Related Posts

Business

Board of Spain’s Sabadell bank rejects BBVA takeover bid

September 12, 2025
Business

S. Korean workers arrive home after US detention

September 12, 2025
Business

S. Korea workers head home after US immigration raid

September 11, 2025
Business

Software company Oracle shares surge more than 35% on huge AI deals

September 11, 2025
Business

Zara owner Inditex shares soar as sales growth revives

September 11, 2025
Business

Union to vote on deal to end strike at Boeing defense branch

September 10, 2025
Next Post

New round of US-China trade talks kicks off in Madrid

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

77

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

New round of US-China trade talks kicks off in Madrid

September 16, 2025

Trump concerned S. Korean arrests could ‘frighten’ investors

September 16, 2025

Lab-grown diamonds robbing southern Africa of riches

September 16, 2025

Australia’s ANZ bank hit with record fine over ‘widespread misconduct’

September 16, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.