South Korea News Updates

GovernmentBusinessEquipment

Hyundai CEO Says US Apologized Over ICE Raid on Factory

The September incident, which saw federal agents detain 475 workers聽at a Hyundai-LG Energy facility, hasn鈥檛 dented Hyundai鈥檚 commitment to investing in the U.S.

November 19, 2025
GovernmentBusiness

US, South Korea Finalize Trade Deal After Months of Talks

South Korea Policy Chief Kim Yong-beom said that Seoul would spend $150 billion on shipbuilding in the U.S. and provide $200 billion in cash under an investment pledge.

October 29, 2025
GovernmentBusiness

LG Energy to Start Sending South Korean Workers Back to US

Last month saw the mass detainment and subsequent repatriation of nearly 300 South Korean workers from a Hyundai Motor-LG electric vehicle battery plant in Georgia.

October 2, 2025
GovernmentBusinessTechnologyEquipmentLogistics

Why America鈥檚 Trade Partners Oppose Trump鈥檚 Truck Tariffs

Every one of the countries identified by the U.S. Department of Commerce Foreign Trade Division as a top supplier by export value of trucks to the U.S. warned the agency against the levies.

October 1, 2025
GovernmentBusinessTechnology

Hyundai Says Battery Plant Delayed After Immigration Raid

Hyundai CEO Jos茅 Mu帽oz said in an interview Sept. 11 that the work was being set back by two to three months.

September 11, 2025
GovernmentBusinessEquipment

Plane Waits to Take Detained Hyundai Workers to South Korea

More than 300 South Koreans were among about 475 workers detained during聽last week鈥檚 raid聽at the聽battery factory聽under construction on the campus of Hyundai鈥檚 auto plant west of Savannah.

September 10, 2025
GovernmentBusinessTechnologyEquipmentLogistics

US, South Korea Eye Closer Ties on Security, Shipbuilding

Still, President Trump indicated that the agreement for a 15% tariff on South Korean imports would likely stick as is, despite Seoul鈥檚 efforts to secure better terms.聽

August 25, 2025
GovernmentBusiness

Trump Unleashes Flurry of Trade Deals on Eve of Deadline

Trump on July 31 announced tariffs of 15% on imports from South Korea that matched the rate for neighbor Japan, and a painful 25% levy on imports from India.

July 31, 2025
GovernmentBusinessTechnologyLogistics

Trump Sends Tariff Threat Letters to Allied Nations

The letters issued July 7 so far appeared to largely be a novel method of again punting a looming July 9 deadline for so-called 鈥渞eciprocal鈥 tariffs until at least the beginning of August.

July 7, 2025