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  • 6 weeks ago
South Korea and the U.S. reached a deal to release Korean citizens detained in last week’s immigration raid at a Hyundai Motor plant in Georgia, according to The Wall Street Journal. The raid, the largest single-site immigration enforcement action in U.S. history, detained 475 people, including about 300 South Koreans working for Hyundai and LG Energy subcontractors. U.S. authorities said those arrested had crossed the border illegally, overstayed visas, or worked while on visa waivers. Border czar Tom Homan said workplace raids will increase to secure the border, arguing employers hire undocumented workers to cut costs and undercut American labor. A South Korean official said most detained nationals held B-1 training visas and were working as instructors. Seoul said it will review visa statuses with companies to reduce legal risks for Korean workers sent to U.S. investment projects. Hyundai is expanding its U.S. presence with Georgia’s largest-ever manufacturing investment and has pledged an additional $26 billion since Trump took office.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02South Korea and the U.S. reached a deal to release Korean citizens
00:05detained in last week's immigration-raided Hyundai Motor Plant in Georgia,
00:09according to the Wall Street Journal.
00:10It raided the single largest site immigration enforcement action in U.S. history
00:13to take 475 people, including about 300 South Koreans working for Hyundai
00:18and LG Energy subcontractors.
00:20U.S. authorities said those arrested and crossed the border illegally
00:23overstate visas or worked while on visa waivers.
00:27Foreigner's art Tom Homan said workplace rates will increase to secure the border,
00:30arguing employers hired undocumented workers to cut costs and undercut American labor.
00:35South Korean officials said most detained nationals held B-1 training visas
00:38and were working as instructors.
00:41Seoul said it will review visa statuses with companies
00:43to reduce legal risks for Korean workers sent to the U.S.
00:46Investment projects with Hyundai are expanding their U.S. presence
00:49with Georgia's largest ever manufacturing investment
00:51and has pledged an additional $26 billion since President Trump took office.
00:56For all things money, visit Benzinga.com.
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