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Friday, 07/20/2018 9:38:12 AM

Friday, July 20, 2018 9:38:12 AM

Post# of 54376
Tariffs Imperil a Hometown Business in South Carolina: BMW
The automaker became the No. 1 exporter of American-made cars, transforming Spartanburg. Now it is weighing the impact of an escalation of the trade fight.


https://www.nytimes.com/2018/07/19/business/economy/tariffs-south-carolina-bmw.html?

The Spartanburg plant is BMW’s biggest in the world. It has helped draw more than 200 companies from two dozen countries to Spartanburg County. And the German company — not an American icon like Ford or General Motors — is now the largest exporter of cars made in the United States, turning the port of Charleston, S.C., into a hub for global trade.

On Thursday, the Commerce Department held a hearing in Washington on whether imported cars and car parts harm national security, the premise of an administration plan to impose hefty duties. If imposed, the tariffs would most likely have deeper and wider-reaching repercussions for the economy than levies on fish or steel. Cars don’t come together in one plant, with one work force — they’re the final result of hundreds of companies working together, in a supply chain that can snake through small American towns and cross oceans.


The national security threat is a stretch.

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