Biden highlights Hyundai announcement of $10B US investment

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President Joe Biden will wrap up a three-day visit to South Korea on Sunday by showcasing Hyundai’s pledge to build a $5.5 billion factory in Georgia and paying a visit to troops monitoring the rapidly evolving North Korean nuclear threat.

The major U.S. investment by a South Korean company was a reflection of how the countries are leveraging their longstanding military ties into a broader economic partnership.

The pandemic and Russia’s invasion of Ukraine in February has forced a deeper rethinking of national security and economic alliances. Coronavirus outbreaks led to shortages of computer chips, autos and other goods that the Biden administration says can ultimately be fixed by having more manufacturing domestically and with trusted allies.

A Hyundai spokesperson did not respond to an email asking if the Georgia plant would be unionized. A senior Biden administration official, who briefed reporters on the condition of anonymity, said there was no contradiction between Biden encouraging investors to embrace union workforces while his administration does “whatever it can” to encourage investment and bring jobs to the U.S.

Yoon campaigned on a promise to strengthen the U.S.-South Korea relationship. He reiterated at a dinner on Saturday in Biden’s honor that it was his goal to move the relationship “beyond security” issues with North Korea, which have long dominated the relationship.“I will try and design a new future vision of our alliances with you, Mr. President,” Yoon said.

 

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_Politics Why are they picking a Republican state?

Georgia does not deserve a factory with the leadership currently in place however staceyabrams and SenatorWarnock can show the benefits of having Democratic leadership and the support thereof having a windfall for the betterment. DNCWarRoom

Safe travels, Joe.

A total of 10 billions in investment in the US from South Korean businesses. Good job POTUS!

Prefer Biden fixing the baby formula shortage in his own country.

lol

PALESTINE Rights org.: Israeli forces used a 16-yr-old Palestinian girl as a human shield in Jenin

I hope they make their seats more comfortable.

At least we have a President and his staff that know not to step into North Korea or salute a North Korean. Military man. Just saying

Useless time, money and effort

Are these Hyundai electric cars like Tesla elonmusk What is going on with climate goals

Yeah! Hyundai-KIA is on par with Toyota! Better nowadays than GM or Ford!

The citizens of N Korea are suffering deeply and need all kinds of help.

The US is the only threat, bunch of criminals

🔥✍️😘TheLORDReigneth⚡🕊️🔥🔥🔥🔥🔥🔥💯⚖️❤️🙌 They're going to mess around and make Georgia a big ol' SINKHOLE. Nobody wants a Hyundai... Maybe if it's free. (1 Corinthians 1:9) 😘ThanksJesusChrist❤️🔥🙌

Shameful and dangerous the people that put a senile elderly man in this position! Just read the cue cards JoeBiden

AimeeArrambide

If POTUS is the luckiest man on earth South Korea will send a pair of Korean Jindo dogs home with him. 🐕🐕🐕🐕🐕🐕

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