US Plant Raid Jolts South Korea and Stirs Investor Anxiety (2)

The immigration raid on a Georgia EV battery plant run by two South Korean firms has rattled Seoul, coming less than two weeks after President Lee Jae Myung’s White House meeting with Donald Trump where Korean companies pledged to invest hundreds of billions in the US.

Korean officials worked over the weekend to secure the release of 300 of its citizens detained at a construction site for a Hyundai Motor Co.-LG Energy Solution Ltd. joint venture, Lee’s chief of staff Kang Hoon-sik said during a senior-level meeting between the ruling Democratic Party and the government.