Industry Impact & Investment Concerns - The incident involving the detention of South Korean workers in the US raises concerns for South Korean companies investing billions of dollars in US manufacturing [5] - Visa issues, particularly the use of short-term B1s, B2s, and visa waiver programs, could cause companies to hesitate investing in the US [6] - LG has confirmed a 2 to 3 month delay in the opening of its battery factory due to the incident, highlighting potential disruptions to business plans [8] Labor & Legal Issues - 475 people were rounded up at a Hyundai and LG battery factory construction site, accused of working illegally in the US [3] - The US government stated that using foreign laborers hurts American workers, emphasizing the enforcement of federal laws [3] - The type of visas the workers held, or whether they had visas at all, remains unclear [3] Diplomatic & Reputational Risks - The detention of Korean workers sparked outrage in South Korea and threatened relations with the US [4][5] - The South Korean government chartered a plane to bring the detained workers back home [4] - Perceptions of America in South Korea may change due to the incident, potentially affecting future relations [8] Project Execution & Expertise - Korean companies need to send skilled workers to the US to execute their business plans, especially in sectors like semiconductors and electric batteries where domain expertise in the US is limited [7] - The incident may make it challenging to convince technicians to return to work on the delayed battery factory project [9] - The Hyundai and LG battery factory project is valued at $4.3 billion [2]

US suspends most visas for Palestinian passport-holders, reports say https://t.co/OuKCqCuE2A ...

US says it is "denying and revoking visas" for Palestinian officials ahead of UN General Assembly https://t.co/fyO3ViMrwa ...

US says it is "denying and revoking visas" for Palestinian officials ahead of UN General Assembly https://t.co/F60t0sJalu ...

US may demand $15,000 deposit for visas https://t.co/GTg82X3XzZ ...

The UK introduced overseas care worker visas to fix a post-Covid staffing crisis, but it left a loophole for scams.While the Labour government has put in place new rules, they won’t help those who have already lost their life savings. Watch Bloomberg Investigates for more: https://t.co/ZNsIabpDpX ...

Visa & Travel Industry - Expensive visas could jeopardize opportunities [1]