Yellow Envelope Act’s expansion of labor rights could expose corporations to industrial action over US investment plans

The leaders of South Korea’s largest conglomerates are heading to Mar-a-Lago this week to meet U.S. President Donald Trump, just as their companies face increased risk of labor unrest at home.

The upcoming meeting highlights a growing contradiction between corporate diplomacy abroad and pro-labor policy at home, with the Yellow Envelope Act set to expand union power and expose the country’s conglomerates — known as chaebol — to a new phase of legally protected strikes.

The leaders of South Korea’s largest conglomerates are heading to Mar-a-Lago this week to meet U.S. President Donald Trump, just as their companies face increased risk of labor unrest at home.

The upcoming meeting highlights a growing contradiction between corporate diplomacy abroad and pro-labor policy at home, with the Yellow Envelope Act set to expand union power and expose the country’s conglomerates — known as chaebol — to a new phase of legally protected strikes.

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