SEOUL/NEW YORK -- The prospect of a second U.S. presidential term for Donald Trump is sowing concern among leading South Korean executives who fear that his election could threaten investments in the U.S. spurred by clean-energy incentives offered during Joe Biden's administration.
U.S. elections 2024
Korean companies fear Trump's impact on clean energy investments
Manufacturers poured tens of billions into the U.S. to benefit from Biden incentives
LG Energy Solution, Hyundai Motor and SK On are among the many Korean firms that have invested in the U.S. since the IRA was signed into law in 2022. © Reuters
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