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The Water Cooler
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Tariffs: Saving American Jobs Since...Wait, What?
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<blockquote data-quote="Hobbes" data-source="post: 3133323" data-attributes="member: 3371"><p>BMW said Monday that it would move production for some of its SUVs out of the U.S. as a result of new tariffs placed on the vehicles, <a href="https://www.postandcourier.com/business/bmw-moving-some-production-to-china-raising-prices-on-sc/article_2dab2678-837a-11e8-9b27-3fa07b822913.html" target="_blank">according to The Post and Courier</a> in South Carolina.</p><p></p><p>The German-based automobile manufacturer signed an agreement with its Chinese partner, Brilliance Automotive Group Holdings, to increase the number of vehicles produced in the country, according to the Charleston newspaper, with the total reaching 520,000 by 2019.</p><p>....</p><p>BMW is the largest U.S. auto exporter and employs 10,000 people at a plant in Spartanburg, S.C. The brand’s X3, X4, X5 and X6 SUV models and their variants are produced there.</p><p></p><p><a href="http://thehill.com/policy/finance/international-taxes/396248-bmw-to-shift-some-suv-production-overseas-in-response-to" target="_blank">http://thehill.com/policy/finance/international-taxes/396248-bmw-to-shift-some-suv-production-overseas-in-response-to</a></p></blockquote><p></p>
[QUOTE="Hobbes, post: 3133323, member: 3371"] BMW said Monday that it would move production for some of its SUVs out of the U.S. as a result of new tariffs placed on the vehicles, [URL='https://www.postandcourier.com/business/bmw-moving-some-production-to-china-raising-prices-on-sc/article_2dab2678-837a-11e8-9b27-3fa07b822913.html']according to The Post and Courier[/URL] in South Carolina. The German-based automobile manufacturer signed an agreement with its Chinese partner, Brilliance Automotive Group Holdings, to increase the number of vehicles produced in the country, according to the Charleston newspaper, with the total reaching 520,000 by 2019. .... BMW is the largest U.S. auto exporter and employs 10,000 people at a plant in Spartanburg, S.C. The brand’s X3, X4, X5 and X6 SUV models and their variants are produced there. [URL]http://thehill.com/policy/finance/international-taxes/396248-bmw-to-shift-some-suv-production-overseas-in-response-to[/URL] [/QUOTE]
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