Hyundai already announced a two to three month delay on this plant after this whole thing. They aren’t walking away, but this isn’t an event they are forgetting.
It won’t matter what President comes after this one, this whole thing is going to influence investment from South Korea for some time.
If you were a foreign company considering investing a substantial amount of money to build a plant in the U.S., and then the unstable authoritarian dictator of that country pulls a stunt like this, you’re going to reconsider putting any more capital at risk.
An unstable authoritarian dictator who, as way of a supposed apology, has literally told you that he’s going to do it again as soon as he’s stolen your technology, with the stated intention of putting you and your whole country out of business.
Only reasonable course of action seems to write the factory down as a loss and never set foot in the USA again.
Hyundai already announced a two to three month delay on this plant after this whole thing. They aren’t walking away, but this isn’t an event they are forgetting.
It won’t matter what President comes after this one, this whole thing is going to influence investment from South Korea for some time.
If you were a foreign company considering investing a substantial amount of money to build a plant in the U.S., and then the unstable authoritarian dictator of that country pulls a stunt like this, you’re going to reconsider putting any more capital at risk.
An unstable authoritarian dictator who, as way of a supposed apology, has literally told you that he’s going to do it again as soon as he’s stolen your technology, with the stated intention of putting you and your whole country out of business.
Only reasonable course of action seems to write the factory down as a loss and never set foot in the USA again.
They apparently are however.
How stupid corporations can be.
Nah. Things will return to normal after we elect a stable president and congress.
(X) Doubt