Politics
Hyundai’s CEO Says Georgia Plant Construction Delayed by ICE Raids That Led to 475 Arrests!
Last week’s Immigration and Customs Enforcement raid at a Hyundai-linked battery plant in Georgia will reportedly delay production and construction efforts at the U.S. Hyundai facility, potentially by months, according to the company’s CEO.
On September 4, ICE raided a Hyundai-linked facility in Georgia where batteries are produced. The agency arrested hundreds of workers, many whom are South Korean.
Seeing their fellow citizens in handcuffs made waves in South Korea, and earned condemnation from the nation’s president.
Hyundai Motor Company’s president and CEO, José Muñoz, told Axios that it would not change its plans for investment into the U.S., but that it will delay its battery production.
“The U.S. is strategically important for the mid- to long-term, and our plans of investment continue, okay? But it’s something that needs to be resolved to be able to go fast,” he told the outlet.
During an event on Thursday in Detroit, Muñoz explained to reporters what delays might be on the horizon.
“This is going to give us minimum two to three months delay, because now all these people want to get back,” Muñoz told reporters on Thursday. “Then you need to see how can you fill those positions. And for the most part, those people are not in the U.S.”
U.S. officials reached a deal with South Korea to release its more than 300 detained workers into the nation’s custody. The workers were due to be flown home on a charter flight.
Muñoz noted that “almost all battery companies operating in the U.S. are Korean,” and said that finding people with the knowledge to work in the facility may take some time. He said his three month estimation was based on an assumption that “some people will be able to come back and help” because “the knowledge is not here.”
“Our company does a lot of things. We don’t build batteries, right? So this is not our knowledge, and then they have it in in Korea. They specialize,” he said.
President Donald Trump reportedly tried to convince some of the South Korean workers detained in the raid to stay in the U.S. and train American workers, according to officials in Seoul.
Trump reportedly “emphasized that the detained Korean nationals were skilled workers and suggested they either remain in the U.S. to contribute to training the American workforce or be returned to South Korea, depending on Seoul’s stance,” according to the Financial Times, citing a South Korean official.
The workers were reportedly exhausted and shocked by their detainment and instead opted to return home to South Korea, according to officials.
South Korea’s foreign minister, Cho Hyun, said that South Koreans were “hurt and shocked” by the images of their countrymen being shackled, seeing them as workers “who came to the U.S. to transfer technology and knowhow to contribute to the Trump administration’s efforts to revive the U.S. manufacturing industry”.
The Georgia facility was intended to create approximately 40,000 direct and indirect jobs, according to the company.
An airplane carrying Secretary of War Pete Hegseth was forced to make an emergency landing in the UK Wednesday due to a crack in its windshield, officials said.
Pentagon spokesperson Sean Parnell wrote on social media that on the way back to the U.S. after NATO’s Defense Minister meeting in Belgium, the plane made an “unscheduled landing in the United Kingdom” because of a crack in the aircraft’s windshield.
The plane landed based on standard procedures, and all of the passengers on board, including Hegseth, were safe, Parnell added.
“All good. Thank God,” Hegseth wrote on X. “Continue mission!”
Hegseth was traveling in a C-32A, a modified Boeing 757 used by the Air Force for VIP transport. Other top leaders, including Secretary of State Marco Rubio, Vice President JD Vance and occasionally, even President Donald Trump, use the aircraft when visiting airports with runways too short for the modified Boeing-747 Trump typically uses as Air Force One.
It was unclear what caused the crack in the plane’s windshield.
Flight tracking data showed that the plane took off from Brussels and made it past Ireland before turning around to land at Royal Air Force Mildenhall in England at 7:07 p.m. local time. It was not known what time the plane initially took off.
Hegseth and previous Secretaries of Defence have traditionally used a different aircraft for foreign travel, the Boeing E-4B.
The Boeing E-4B is a modified Boeing-747 that has been hardened for use as an airborne command post by the president or Pentagon leadership during nuclear conflicts. It is known within the Air Force as “Air Force One when it counts” and the “Doomsday plane.”
It was not immediately clear why Hegseth was traveling on the smaller, C-32 plane.
The C-32, which had to perform an emergency landing, has less capabilities than the E-4B, but is decked out with a more luxurious interior thanks to upgrades made during Trump’s first term as president.
During his time in Brussels, Hegseth warned the U.S. would “impose costs on Russia for its continued aggression” if the war in Ukraine does not come to an end.
“If we must take this step, the U.S. War Department stands ready to do our part in ways that only the United States can do,” Hegseth said at a meeting of the Ukraine Defence Contact Group of Kyiv’s allies at NATO headquarters.
Hegseth did not elaborate. His comments came as Trump’s administration is considering a request by Ukraine for long-range Tomahawk missiles.
Earlier this year, an Air Force plane carrying Rubio to Munich was forced to return to Washington after experiencing a mechanical problem.
The trade war between China and the US intensified this week with both nations imposing new port fees on each other’s ships.
The latest escalation in tensions between the world’s two largest economies sent bilateral relations, and the markets, into a tailspin.
After Beijing announced stricter restrictions on rare earth exports – in retaliation for the US dramatically expanding sanctions on Chinese firms – president Donald Trump threatened 100 per cent tariffs and new curbs on “all critical software”.
Trade analysts suspect that Mr Trump’s threatened three-digit tariff will heighten market uncertainty in the near term, especially in sectors with strong supply chain exposure to China like manufacturing and technology.
Rare earths, vital for use in electric vehicles, aircraft engines, military radars and a range of everyday electronics, are a key sticking point in negotiations between the sparring nations.
China produces almost 70 per cent and processes nearly 90 per cent of the world’s rare earth elements.
The Chinese announcement was an apparent surprise to Mr Trump, who called it an “out of the blue” move. But, over the weekend, he sounded more conciliatory than in the past, although he still refused to withdraw the tariff threat.
In a post on Truth Social, Mr Trump said: “The U.S.A. wants to help China, not hurt it!!!”
China seems unfazed by Mr Trump’s threats and its export boom suggests Beijing may be gaining the upper hand in the trade war.
“China’s position is consistent. If there’s a fight, we will fight to the end; if there’s a talk, the door is open,” a Chinese commerce ministry spokesperson said on Tuesday.
“The US cannot demand talks while simultaneously imposing new restrictive measures with threats and intimidation. This is not the right way to engage with China.”
Is China winning the trade war?
China appears to be gaining the upper hand in the ongoing trade dispute with the US, nearly six months after Mr Trump imposed steep import levies on the Asian economic giant.
Chinese exports rose 8.3 per cent in September from a year earlier to about £246bn even as shipments to the US fell about 27 per cent.
After Mr Trump declared his worldwide tariffs in April, several major countries moved to diversify their foreign trade, signalling a global shift towards a system where the US was no longer the central market.
In line with this shift, Chinese shipments to non-US destinations grew 14.8 per cent, the fastest since March 2023, according to data from the General Administration of Customs. The exports to the EU grew 14 per cent, to Asean countries by 16 per cent and to Africa about 56 per cent.
The minimal impact of the Trump tariffs on its overall trade only strengthened China’s resolve to adopt a firmer position in negotiations with Washington, as reflected in the stricter restrictions on exports.
Strong demand from markets beyond the US indicates that Chinese exporters may be less vulnerable to the additional tariffs threatened by Mr Trump. Chinese imports were up 7.4 per cent last month, pointing to a potential recovery in domestic consumption.
A self-driven recovery in China would mark a clear erosion of US dominance in the global economy. But analysts caution it is too soon to declare a winner in the trade dispute.
“While China’s recent export growth suggests some resilience, it doesn’t necessarily indicate that Beijing has gained an advantage in the trade war,” Lukman Otunuga, a senior market analyst at broker FXTM, told The Independent.
“Much of that uptick could reflect front-loading of shipments ahead of new tariffs or shifts in trade routes. The overall picture remains mixed, with both economies experiencing structural challenges amid the prolonged trade tensions.”
Mr Otunuga said the additional US levies were likely to heighten market uncertainty in the near term, and “investors may see higher volatility as markets weigh the impact on corporate earnings and global growth prospects”.
What are the new levies?
Mr Trump last week unveiled an additional levy of 100 per cent on Chinese imports to the US, along with new export controls on critical software, from 1 November. He also threatened to cancel a planned in-person meeting with President Xi Jinping, their first in six years, but US treasury secretary Scott Bessent later told Reuters the two leaders were on track to meet in South Korea in late October.
Bloomberg Economics estimates that a 100 per cent tariff hike by the US will raise effective rates on Chinese goods to 140 per cent, which could halt trade altogether.
“So far this year, China has shown that while it does not wish for a trade war, it is willing to retaliate to escalations as needed,” Lynn Song, chief Greater China economist at ING Bank NV, told Bloomberg.
“The export resilience will likely strengthen confidence in this approach ahead of the talks later this month.”
According to the Peterson Institute for International Economics, average US tariffs on Chinese imports reached 58 per cent by end of September, while Chinese tariffs were at 33 per cent.
Despite current rates already sitting 25 percentage points above the global average, China’s manufacturing strength continues to drive export growth.
In a tit-for-tat move, China hit US-owned vessels docking in the country with new port fees, which came into effect on Tuesday.
Vessels owned or operated by American companies or individuals would be subjected to a 400 yuan (£42) per net tonne fee per voyage if they were to dock in China, Beijing announced last week. The fees would be applied on the same ship for a maximum of five voyages each year, and would rise every year until 2028, when it would jump to 1,120 yuan (£117) per net tonne.
The duties are largely aligned with the port fees introduced by the US. Vessels owned or operated by Chinese entities will be charged $50 (£37) per net tonne for each voyage to the US, which will rise by $30 (£22) per net tonne each year until 2028.
China’s new port fees could affect oil tankers accounting for 15 per cent of global capacity, according to Clarksons Research.
Will Donald Trump meet Xi Jinping to negotiate trade?
Mr Trump and Mr Xi were expected to meet at the Apec summit in South Korea at the end of October. There was also talk of the US president visiting Beijing in January, but those meetings appeared less probable after the recent escalation in tensions.
Mr Bessent said the US president remained on track to meet the Chinese leader as he sought to reassure traders and investors on both sides of the Pacific, highlighting the cooperation between their negotiating teams and the possibility they could yet find a way forward from the current tariff truce.
“We have substantially de-escalated,” Mr Bessent told Fox Business Network on Monday.
Substantial communications between the two sides had taken place over the weekend and there would be US-China staff-level meetings this week in Washington on the sidelines of the World Bank and International Monetary Fund annual gatherings, he added.
“The 100 per cent tariff does not have to happen,” Mr Bessent said. “The relationship, despite this announcement last week, is good. Lines of communication have reopened, so we’ll see where it goes.”
“President Trump said the tariffs would not go into effect until November 1,” he added. “He will be meeting with Party Chair Xi in Korea. I believe that meeting will still be on.”
Washington and Beijing have been negotiating since May.
China’s commerce ministry confirmed on Tuesday that a working-level meeting had taken place the previous day.
It also highlighted formal negotiations held earlier in London, Stockholm and Madrid, culminating in a 90-day tariff extension.
The ministry, however, warned that “the US cannot ask for talks while simultaneously threatening new restrictive measures”.
Politics
Latest Ukraine-Russia War Update: Trump Official Says Putin Will Pay the Price if Fighting Continues!
US pressures Japan to halt Russian oil imports
US treasury secretary Scott Bessent said he has urged Japan to halt all imports of Russian energy, signalling a harder line from the Trump administration toward allies maintaining limited trade ties with Moscow.
“Minister Kato and I also discussed important issues pertaining to the US–Japan economic relationship and the Administration’s expectation that Japan stop importing Russian energy,” Bessent posted on X after his meeting with Japan’s finance minister Katsunobu Kato in Washington.
The two met on the sidelines of the IMF annual meetings and the G7 and G20 finance leaders’ gatherings being held this week in Washington.”
Japan will do what it can based on the basic principle of coordinating with G7 countries to achieve peace in Ukraine in a fair manner,” Kato told reporters, when asked whether Japan was urged by Bessent to stop importing Russian energy.
Tokyo has already pledged to phase out Russian oil imports as part of the G7’s coordinated sanctions response to Russia’s 2022 invasion of Ukraine.
However, Japan continues to buy Sakhalin Blend crude – a byproduct of liquefied natural gas (LNG) production from the Sakhalin-2 project in Russia’s Far East.
The energy source remains crucial for Japan, providing about 9 per cent of its total LNG imports, a key component of its energy security.
Shweta Sharma16 October 2025 04:01
IMF chief plans to visit Ukraine, Bloomberg reports
The International Monetary Fund’s managing director, Kristalina Georgieva, plans to travel to Ukraine, supporting its efforts to secure a new loan package in the fourth year of the war, Bloomberg has reported.
An IMF spokesperson said: “Our staff remains actively engaged with the Ukrainian authorities on macroeconomic policies aimed at maintaining stability, financing essential expenditures, and restoring debt sustainability, with a view to continued IMF support.”
The exact time of the visit is yet to be determined.
Harriette Boucher16 October 2025 04:00
India to stop buying Russian oil, Trump claims
Trump said on Wednesday that Indian Prime Minister Narendra Modi has pledged to stop buying oil from Russia, India’s top oil supplier, but could not halt its shipments “immediately”.
The announcement comes as Trump tries to step up efforts to cut off Moscow’s energy funding.
“Now I’ve got to get China to do the same thing,” Trump told reporters.
The Indian embassy in Washington has not yet confirmed this.
Harriette Boucher16 October 2025 03:00
Zelensky and Greek PM discuss possibility of U.S.-supplied natural gas
Zelensky and Greek Prime Minister Kyriakos Mitsotakis discussed the possibility of the U.S. supplying natural gas to Ukraine as it struggles with the consequences of Russia’s multiple attacks on the country’s energy system.
Ukraine’s president said he was working to strengthen its air defence as much as possible before winter begins.
Harriette Boucher16 October 2025 02:00
Ukraine has prepared its ‘homework’ ahead of meeting with Trump, says Zelensky
Ukraine has prepared its “part of the homework” ahead of Zelensky’s meeting with Trump in Washington on Friday.
He says the agenda will be substantive, and the meeting could bring the war closer to an end.
We have already prepared our part of the homework ahead of the meeting with President Trump – both the military component and the economic one. Every detail is ready. The agenda of our meeting with the President of the United States is very substantive, and I thank everyone who… pic.twitter.com/Jwpp5bdn5h
— Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) October 15, 2025
Harriette Boucher16 October 2025 01:02
Kremlin denies Trump’s warning that Russian economy set to ‘collapse’
The Kremlin has hit back at accusations by Donald Trump that the Russian economy is on its way to “collapse”.
Asked about Trump’s remarks at an energy conference in Moscow, Deputy Prime Minister Alexander Novak, who oversees energy and the economy for the government, said that Russia had a stable supply of gasoline.
“We have a stable domestic market supply, we see no problems in this regard,” Novak said.
“The balance is maintained between production and consumption, and we, on the part of the government and the relevant ministries, are doing everything to ensure that this remains the case.”
You can read more below…
Nicole Wootton-Cane16 October 2025 00:00
Nato defence ministers agree ‘counter-drone measures’, Rutte says
A meeting of Nato country defence ministers have agreed additional counter-drone measures to step up support to Ukraine, chief Mark Rutte said.
In a post on X he wrote: “Excellent discussions with Defence Ministers, reaffirming increased defence investment, enhanced defence production & stepping up support to Ukraine.
“We will also implement additional counter-drone measures — #NATO is ready to do what it takes to keep our 1bn people safe & our territory secure.”
Nicole Wootton-Cane15 October 2025 23:00
Ukraine has relied on trains during the war – Russia is creating new technology to target them
As war rages on in Ukraine, the country has become reliant on its rail networks, which it has so far managed to keep running despite repeated strikes.
But officials and analysts are warning that advances in Russian drone capabilities and the growing tempo of attacks pose a serious threat to the vital infrastructure.
You can read more below…
Nicole Wootton-Cane15 October 2025 22:00
Trump has threatened to give Tomahawk missiles to Ukraine – but can they turn the tide of the war?
Washington may give access to powerful Tomahawk missiles, with Moscow threatening to respond. Experts tell Nicole Wootton-Cane that the weapons could significantly boost Ukraine – but their power shouldn’t be overstated.
Nicole Wootton-Cane15 October 2025 21:30
Watch: Zelensky confirms meeting with Trump in Washington
Nicole Wootton-Cane15 October 2025 21:00
