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Date: September 18, 2025 10:27PM
SOUTH KOREA IS PULLING BILLIONS IN INVESTMENTS AFTER THE ICE RAID ON THEIR GA
HYUNDAI PLANT.
South Korea is not pulling its planned investments, despite the diplomatic and
operational fallout from the September 4, 2025, ICE raid on the Hyundai-LG
battery plant under construction in Ellabell, Georgia. While the
raid—described as one of the largest single-site immigration enforcement
actions in U.S. history—arrested nearly 500 workers, most of them South Korean
nationals, it has not led to a withdrawal of investment commitments.
Hyundai Motor Group reaffirmed its commitment on September 18, 2025, by
confirming a $2.7 billion expansion of its Georgia auto plant, which will
increase annual production capacity by 200,000 vehicles to a total of 500,000 by
2030.
This investment brings the total committed to the auto plant to $10.3 billion,
separate from the $4.3 billion joint investment with LG Energy Solution for the
battery facility affected by the raid.
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- QATAR IS PULLING A $1.5 TRILLION INVESTMENT IN THE U.S. AFTER TRUMP
COLLABORATED WITH ISRAEL TO BOMB PALESTINIAN NEGOTIATIORS IN QATAR.
There is no evidence that Qatar is pulling a $1.5 trillion investment from the
U.S. following an Israeli strike on Palestinian negotiators in Qatar, nor is
there confirmation that former President Donald Trump collaborated with Israel
to carry out such an attack.
An Israeli airstrike did occur in Doha, Qatar, on September 9, 2025, targeting
Hamas leaders who were involved in ceasefire negotiations.
The strike killed at least five to six people, including Qatari security
personnel, and was widely condemned as a violation of Qatar’s sovereignty.
President Trump expressed regret over the attack, calling Qatar a “close
ally” and stating that the unilateral bombing did not advance U.S. or Israeli
goals, though he supported the objective of eliminating Hamas leadership.
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DENMARK REJECTED U.S. PATRIOT MISSILES IN FAVOR OF FRENCH-ITALIAN MADE SAMP-T
WEAPONS SYSTEM, COSTING THE U.S. $9.1 BILLION.
Denmark has rejected the U.S. Patriot missile system in favor of the
French-Italian SAMP/T air defense system, marking a significant shift in its
defense procurement strategy.
The decision is part of a $9.1 billion (58 billion Danish kroner) investment,
which represents the largest defense procurement in Danish history.
This deal involves acquiring eight medium- and long-range air defense systems,
including two SAMP/T units, making Denmark the first European Union country
outside France and Italy to adopt the system.
The Danish government cited operational, economic, and strategic factors in its
decision, emphasizing the need for faster delivery timelines compared to the
Patriot system, which faces extended wait times due to high global demand and
ongoing support commitments to Ukraine.
Additionally, the SAMP/T system offers 360-degree radar coverage and vertical
launch capabilities, which were key operational advantages in the selection
process.
While the U.S. had offered two Patriot systems for approximately $8.5 billion
through the Foreign Military Sales program, Denmark’s choice reflects a
broader European push toward strategic autonomy and support for regional defense
industries.
This decision is seen as a boost for European defense cooperation and a signal
of growing skepticism toward reliance on U.S. military platforms, particularly
amid political tensions stemming from former President Donald Trump’s comments
on Greenland and NATO commitments.
Despite this shift, Denmark continues to invest in U.S. defense systems,
including the F-35A fighter jet program, indicating a selective rather than
wholesale move away from American equipment.
The first SAMP/T system is expected to become operational by the end of
2025.
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CHINA HAS PURCHASED SO OF US SOY BEANS THIS YEAR PUTTING FARMERS ACROSS THE
COUNTRY ON THE BRINK OF BANKRUPTCY, LAST YEAR CHINA PURCHASED $13.2 BILLION
WORTH OF U.S. SOY BEANS, 54% OF ALL U.S. SOY BEAN EXPORTS.
This is true. However, soybean harvest is just beginning and will run into mid
November, so there's still hope for a solution to this problem.
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TRUMP'S 25% TARIFFS ON AUTO PARTS AND 50% TARIFFS ON STEEL & ALUMINUM COST
FORD $800 MILLION IN THE 2ND QUARTER, WIPING OUT ALL OF THEIR PROFITS.
Ford incurred $800 million in tariff-related expenses during the second quarter
of 2025, primarily due to tariffs on imported steel, aluminum, and other auto
parts. These tariffs, including a 50% duty on steel and aluminum and a 25%
tariff on imported car parts, significantly impacted the company despite it
manufacturing most of its vehicles in the United States. The cost was a major
factor in Ford's net loss of $36 million for the quarter, marking its first
quarterly loss since 2023.
Tariffs work but there will be an adjustment period. Perhaps Ford should have
been buying US steel and aluminum to begin with.