"The raid and subsequent diplomatic crisis show how the Trump administration's mass deportation goals are running up against its efforts to bring in money from abroad to drive the U.S. economy and create more jobs. Moves like workplace immigration enforcement and visa restrictions could risk alienating allies that are pledging to invest hundreds of billions of dollars in the U.S. to avoid high tariffs."
"Trump's economic agenda is built around using hefty tariffs on imports, including a 15% levy on South Korean products, as a cudgel to force manufacturing to return to the U.S. He's repeatedly said foreign companies can escape his tariffs if they produce in America. South Korea, already a top investor, pledged to invest $350 billion in the U.S. when the two sides announced a trade deal in July."
"The detained South Koreans were released Thursday and most were flown home.If the U.S. can't promptly issue visas to the technicians and other skilled workers needed to launch plants, then "establishing a local factory in the United States will either come with severe disadvantages or become very difficult for our companies," Lee said Thursday. "They will wonder whether they should even do it.""
Efforts to lure foreign investment to revive U.S. manufacturing are colliding with aggressive immigration enforcement. A raid at a Hyundai battery plant in Georgia led to detention and the temporary removal of South Korean workers, prompting concern from South Korea's president about future investments. Delays or denials in visas for skilled technicians could make establishing U.S. factories unattractive or impractical for foreign firms. The administration uses tariffs to push companies to produce domestically and promises that producing in the U.S. can avoid levies. Tighter workplace enforcement and visa limits risk alienating allies and jeopardizing large pledged investments.
Read at Fast Company
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