• kpk ETH Primekpk ETH Prime(KPK ETH PRIME)$2,034.900.01%
  • bitcoinBitcoin(BTC)$70,495.001.33%
  • ethereumEthereum(ETH)$2,071.071.96%
  • kpk ETH Yieldkpk ETH Yield(KPK ETH YIELD)$2,030.62-0.04%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$651.732.18%
  • rippleXRP(XRP)$1.390.74%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$86.801.97%
  • tronTRON(TRX)$0.2893370.43%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.03-0.87%
  • dogecoinDogecoin(DOGE)$0.0943212.32%
  • whitebitWhiteBIT Coin(WBT)$55.560.73%
  • USDSUSDS(USDS)$1.000.00%
  • cardanoCardano(ADA)$0.2628131.28%
  • bitcoin-cashBitcoin Cash(BCH)$459.592.38%
  • HyperliquidHyperliquid(HYPE)$37.658.77%
  • leo-tokenLEO Token(LEO)$9.08-1.06%
  • moneroMonero(XMR)$353.640.98%
  • chainlinkChainlink(LINK)$9.071.28%
  • Ethena USDeEthena USDe(USDE)$1.00-0.07%
  • CantonCanton(CC)$0.1501661.44%
  • stellarStellar(XLM)$0.1600361.97%
  • USD1USD1(USD1)$1.000.00%
  • RainRain(RAIN)$0.0091070.15%
  • daiDai(DAI)$1.000.01%
  • litecoinLitecoin(LTC)$54.480.95%
  • avalanche-2Avalanche(AVAX)$9.600.05%
  • hedera-hashgraphHedera(HBAR)$0.0948600.99%
  • paypal-usdPayPal USD(PYUSD)$1.000.01%
  • suiSui(SUI)$0.982.64%
  • zcashZcash(ZEC)$212.50-0.11%
  • shiba-inuShiba Inu(SHIB)$0.0000064.39%
  • the-open-networkToncoin(TON)$1.332.83%
  • crypto-com-chainCronos(CRO)$0.0759600.76%
  • tether-goldTether Gold(XAUT)$5,140.11-0.15%
  • World Liberty FinancialWorld Liberty Financial(WLFI)$0.1014930.81%
  • pax-goldPAX Gold(PAXG)$5,178.36-0.21%
  • polkadotPolkadot(DOT)$1.520.82%
  • MemeCoreMemeCore(M)$1.440.45%
  • uniswapUniswap(UNI)$3.931.61%
  • Pi NetworkPi Network(PI)$0.2406774.82%
  • mantleMantle(MNT)$0.712.20%
  • Circle USYCCircle USYC(USYC)$1.120.00%
  • BittensorBittensor(TAO)$211.927.27%
  • okbOKB(OKB)$95.46-0.03%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • SkySky(SKY)$0.0807918.13%
  • Global DollarGlobal Dollar(USDG)$1.00-0.01%
  • AsterAster(ASTER)$0.712.57%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Hyundai showered Trump with cash, commitments before feds raided Georgia factory

October 8, 2025
in Business
Reading Time: 3 mins read
A A
Hyundai showered Trump with cash, commitments before feds raided Georgia factory
ShareShareShareShareShare

Last month’s stunning immigration raid on a Hyundai plant in Georgia came despite a months-long charm offensive the automaker had launched to win over President Trump in the age of tariffs and tight border security, according to a new report.

YOU MAY ALSO LIKE

Toyota recalls 550K vehicles over seat-back locking issue

BlackRock CEO Larry Fink says Iran war will not derail economy despite surging gas prices

Hyundai Motor Group donated $1 million to Trump’s inauguration and pledged a whopping $26 billion in investment in the US, The Wall Street Journal reported — only for the feds to slam the company with tariffs, and then the raid, anyway.

With more than 300 South Korean professionals shackled in the Sept. 4 immigration sweep at Hyundai’s “Metaplant” in Savannah, Ga., the raid was the largest single-site enforcement action in Homeland Security Investigations’ history.

Hyundai Chairman Euisun Chung (left) appeared alongside President Trump at the White House in March. Daniel Torok/White House/Planet Pix via ZUMA Press Wire / Shutterstock

Prior to that, Hyundai pledged about $21 billion in investments in the US — later upping the figure by $5 billion — in an unsuccessful bid to stave off auto tariffs that went into effect in April.

The raid triggered a crisis in South Korea, where the government condemned the sweep as an “unjust infringement.” It rushed diplomats to Washington to secure the release of detained Korean workers and demanded protections for its citizens abroad.

The sweep stemmed from a search warrant that initially targeted four Hispanic workers, the Journal reported.

Keep up with today’s most important news

Stay up on the very latest with Evening Update.

Thanks for signing up!

The operation widened into a mass roundup that spotlighted the $7.6 billion plant’s heavy reliance on Korean technicians installing complex EV-battery equipment.

Authorities detained about 475 workers total and bused many to an Immigration and Customs Enforcement detention center in Folkston, Ga.

The raid sparked fear among Korean communities in the US, angered Seoul’s business leaders and cast a chill over future Korean investment in America.

Homeland Security Investigations’ top official in Georgia defended the sweep.

Hundreds of Korean nationals were detained in the raid, including people who were providing technical expertise to the plant. US Immigration and Customs Enforcement/AFP via Getty Images

“We welcome all companies who want to invest in the US, and if they need to bring workers in for building or other projects, that’s fine — but they need to do it the legal way,” said Special Agent in Charge Steven N. Schrank.

The back-to-back blows — tariffs and the raid — undercut Hyundai Executive Chair Euisun Chung’s bid to stay in Washington’s good graces, the Journal noted.

Trump in March hailed Hyundai’s big investment promises, saying on social media they proved his tariffs “very strongly work.”

Days later, the 25% duty on global auto imports landed, with no carve-out for Hyundai. Still, in April, the company said it would shift the manufacture of a popular SUV from Mexico to Alabama and source more parts from the US.

The operation widened into a mass roundup that spotlighted the site’s heavy reliance on Korean technicians installing complex EV-battery equipment. US Immigration and Customs Enforcement/AFP via Getty Images

Chung kept the efforts up, reportedly increasing the size of the investment pledge hours after he and South Korea’s President Lee Jae Myung visited the White House in August.

Within days, a court signed the search warrant for the Georgia operation.

Many of the detained South Koreans had entered the US on short-term business visas or under the visa-waiver program, according to Seoul officials.

Even as Trump initially blasted the Georgia site as employing “a lot of illegal aliens,” he soon pivoted to say foreign experts would be welcome — temporarily — to train US workers on complex manufacturing lines.

The Post has sought comment from the White House, Hyundai and the South Korean government.

Credit: Source link

ShareTweetSendSharePin

Related Posts

Toyota recalls 550K vehicles over seat-back locking issue
Business

Toyota recalls 550K vehicles over seat-back locking issue

March 12, 2026
BlackRock CEO Larry Fink says Iran war will not derail economy despite surging gas prices
Business

BlackRock CEO Larry Fink says Iran war will not derail economy despite surging gas prices

March 12, 2026
Here’s who and what to blame for oil skyrocketing to 0 a barrel and causing widespread panic
Business

Here’s who and what to blame for oil skyrocketing to $120 a barrel and causing widespread panic

March 11, 2026
Jeffrey Epstein tapped Bill Clinton’s ex-press secretary Joe Lockhart for PR advice — mistakenly calling him ‘lockhard,’ docs show
Business

Jeffrey Epstein tapped Bill Clinton’s ex-press secretary Joe Lockhart for PR advice — mistakenly calling him ‘lockhard,’ docs show

March 11, 2026
Next Post
‘Charlie felt no pain’: Colleague of Kirk recalls moments after he shot

'Charlie felt no pain': Colleague of Kirk recalls moments after he shot

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Ticketmaster parent Live Nation strikes deal with DOJ to settle antitrust suit

Ticketmaster parent Live Nation strikes deal with DOJ to settle antitrust suit

March 9, 2026
Hallie Jackson NOW –  February 25 | NBC News NOW

Hallie Jackson NOW – February 25 | NBC News NOW

March 11, 2026
He Borrowed 0,000 And Lost It In A Scam

He Borrowed $250,000 And Lost It In A Scam

March 7, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!