Wednesday, July 11, 2018

BMW to Move Production of SUVs to China Because of Trump's Trade War

Automaker BMW says it will build more of its popular SUVs overseas to offset the higher cost of sending cars to China due to recently enacted tariffs, according to South Carolina's Post and Courier.

BMW also said it will raise the price of South Carolina-built vehicles sold in China to help offset that country's new 40 percent import tax on cars from the U.S., which was instituted as retaliation for higher tariffs on Chinese goods imposed by President Donald Trump.



  1. Multi dimensional chess dude. In a parallel universe Trump is cutting tariffs by the same amount

  2. The hollowing out of the middle class that put the Cheeto in Chief in his seat continues apace. We really have become one of the more stupid sovereigns of modern times