BMW Says It May Cut Investments & Jobs in South Carolina Due to Tariffs

[Harpy Eagle]

Trade policy is not socialism.


That you have to lie about that, shows that you know you are in the wrong, on this issue.

I have not lied about anything, when trade policy involves the Govt controlling more and more of the economy then it is socialism.

I personally do not want the Govt trying to tell me what to buy, but I happen to hold my freedom a little more closely than you apparently.


Sent from my iPhone using USMessageBoard.com

You are an anarchist who only wants a police and fire department.

No, he is a lefty who is using the rhetoric of libertarians, as emotional buzzwords, to attack a pro-American trade policy.


Despite what he explicitly states, what he is really doing it just an Appeal to Emotion, Logical Fallacy.

I love how all you statist try and paint me as a lefty, simply hilarious

When you find a single issue you are to the right of me on, let me know


Sent from my iPhone using USMessageBoard.com

You certainly are just using those words as Appeals to Emotion.

One more time, name me a single issue you think you are the the right of me on....


Sent from my iPhone using USMessageBoard.com

 

[Harpy Eagle]

I have not lied about anything, when trade policy involves the Govt controlling more and more of the economy then it is socialism.

I personally do not want the Govt trying to tell me what to buy, but I happen to hold my freedom a little more closely than you apparently.


Sent from my iPhone using USMessageBoard.com

The whole point of Trade Policy is to ensure that our Trade is, at least, mutually beneficial.


It has not been.


Trade Policy that does not serve the interests of our citizens, is bad trade policy.


You saying "socialism" a lot, is not an argument against that.



Ideological purity is not a good reason to ignore the interests and well being of our citizens.

One more time...

3.8% unemployment...
More jobs than people to fill them...
108 straight months of economic expansion, the 2nd longest in our nations history...
Record setting stock markets, till the trade war was started.

How do those things equal “we have not benefited”?




Sent from my iPhone using USMessageBoard.com

Until wages start to rise, dramatically, it is all just more of the same.

According to your savior, we are over paid as a nation.

Trade wars cannot ever raise wages, that is a pipe dream without a shred of historical support


Sent from my iPhone using USMessageBoard.com

That was an odd and somewhat stupid comment.


Especially considering that all his policies are designed to increase wages.


Your claim about trade wars is unsupported.

What his policies are designed to do and what they will do are most likely two different things.

Can you find historical examples in the last 100 years of the US increasing tariffs and wages going up as a result?

Why would they increase wages? The thing that hurts us the most in competing with other countries is our wages already, them going up would just make
it worse. And also any increase in wages would be eaten up by the increased prices


Sent from my iPhone using USMessageBoard.com

 

[mudwhistle]

Tariffs are taxes on trades. Higher taxes on corporations cause less investment and less jobs. Conservatives used to understand this. Now they are cheering for higher taxes on consumers and corporations. But simply because someone dresses up a leftist policy and calls it "conservative" does not mean it isn't a bad idea.

U.S. tariffs on imported cars could lead BMW (BMWG.DE) to reduce investment and cut jobs in the United States due to the large number of cars it exports from its South Carolina plant, the German carmaker has warned.

President Trump’s administration last month launched an investigation into whether auto imports posed a national security threat and Trump has threatened to impose a 20 percent tariff on all imports of EU-assembled cars. ...

The BMW plant in South Carolina is its largest globally and ships more than 70 percent of its annual production to other export markets, the company said.

Chinese tariffs on U.S. passenger cars, imposed in retaliation for U.S. duties on Chinese goods, have already hiked up the cost of exporting to China, BMW said. Any U.S. tariffs would likely lead to further retaliatory measures from China and the European Union.

In addition, higher tariffs on components imported to the United States would make other production locations outside the country more competitive.

“All of these factors would substantially increase the costs of exporting passenger cars to these markets from the United States and deteriorate the market access for BMW in these jurisdictions, potentially leading to strongly reduced export volumes and negative effects on investment and employment in the United States,” BMW said in the letter.​

BMW says U.S. tariffs on EU cars may hit investment there

By slapping trade taxes on the automobile companies, it just makes those companies less competitive in global markets as American-made cars become more expensive.

Economics 101

Try shipping a European standard BMW to the states. In the 80s it would have cost an extra $5000 to pay the fees and put in the pollution controls. It's probably much more now.
The EPA helps drive up the costs of foreign cars more than anything.

 

[DarkFury]

BMW and MB have been building SHIT for years. Car quality out of Europe is CRAP.

 

[Harpy Eagle]

Tariffs are taxes on trades. Higher taxes on corporations cause less investment and less jobs. Conservatives used to understand this. Now they are cheering for higher taxes on consumers and corporations. But simply because someone dresses up a leftist policy and calls it "conservative" does not mean it isn't a bad idea.

U.S. tariffs on imported cars could lead BMW (BMWG.DE) to reduce investment and cut jobs in the United States due to the large number of cars it exports from its South Carolina plant, the German carmaker has warned.

President Trump’s administration last month launched an investigation into whether auto imports posed a national security threat and Trump has threatened to impose a 20 percent tariff on all imports of EU-assembled cars. ...

The BMW plant in South Carolina is its largest globally and ships more than 70 percent of its annual production to other export markets, the company said.

Chinese tariffs on U.S. passenger cars, imposed in retaliation for U.S. duties on Chinese goods, have already hiked up the cost of exporting to China, BMW said. Any U.S. tariffs would likely lead to further retaliatory measures from China and the European Union.

In addition, higher tariffs on components imported to the United States would make other production locations outside the country more competitive.

“All of these factors would substantially increase the costs of exporting passenger cars to these markets from the United States and deteriorate the market access for BMW in these jurisdictions, potentially leading to strongly reduced export volumes and negative effects on investment and employment in the United States,” BMW said in the letter.​

BMW says U.S. tariffs on EU cars may hit investment there

By slapping trade taxes on the automobile companies, it just makes those companies less competitive in global markets as American-made cars become more expensive.

Economics 101

Try shipping a European standard BMW to the states. In the 80s it would have cost an extra $5000 to pay the fees and put in the pollution controls. It's probably much more now.
The EPA helps drive up the costs of foreign cars more than anything.

It is much more than the EPA. A guy I knew in Oki shipped a car from there to here and the added safety features he had to pay for were just crazy.


Sent from my iPhone using USMessageBoard.com

 

[Oldstyle]

Tariffs are taxes on trades. Higher taxes on corporations cause less investment and less jobs. Conservatives used to understand this. Now they are cheering for higher taxes on consumers and corporations. But simply because someone dresses up a leftist policy and calls it "conservative" does not mean it isn't a bad idea.

U.S. tariffs on imported cars could lead BMW (BMWG.DE) to reduce investment and cut jobs in the United States due to the large number of cars it exports from its South Carolina plant, the German carmaker has warned.

President Trump’s administration last month launched an investigation into whether auto imports posed a national security threat and Trump has threatened to impose a 20 percent tariff on all imports of EU-assembled cars. ...

The BMW plant in South Carolina is its largest globally and ships more than 70 percent of its annual production to other export markets, the company said.

Chinese tariffs on U.S. passenger cars, imposed in retaliation for U.S. duties on Chinese goods, have already hiked up the cost of exporting to China, BMW said. Any U.S. tariffs would likely lead to further retaliatory measures from China and the European Union.

In addition, higher tariffs on components imported to the United States would make other production locations outside the country more competitive.

“All of these factors would substantially increase the costs of exporting passenger cars to these markets from the United States and deteriorate the market access for BMW in these jurisdictions, potentially leading to strongly reduced export volumes and negative effects on investment and employment in the United States,” BMW said in the letter.​

BMW says U.S. tariffs on EU cars may hit investment there

By slapping trade taxes on the automobile companies, it just makes those companies less competitive in global markets as American-made cars become more expensive.

Economics 101

The US market is by far the largest for BMW. If they start shifting plants to other places then it's going to cost them substantially more to ship cars BACK to the US! Sorry, but this is posturing by BMW. They need to put pressure on their own government to stop placing tariffs on US goods and then we'll have a level playing field. Until then? Buy a Lexus or a Cadillac.

 

[mudwhistle]

Tariffs are taxes on trades. Higher taxes on corporations cause less investment and less jobs. Conservatives used to understand this. Now they are cheering for higher taxes on consumers and corporations. But simply because someone dresses up a leftist policy and calls it "conservative" does not mean it isn't a bad idea.

U.S. tariffs on imported cars could lead BMW (BMWG.DE) to reduce investment and cut jobs in the United States due to the large number of cars it exports from its South Carolina plant, the German carmaker has warned.

President Trump’s administration last month launched an investigation into whether auto imports posed a national security threat and Trump has threatened to impose a 20 percent tariff on all imports of EU-assembled cars. ...

The BMW plant in South Carolina is its largest globally and ships more than 70 percent of its annual production to other export markets, the company said.

Chinese tariffs on U.S. passenger cars, imposed in retaliation for U.S. duties on Chinese goods, have already hiked up the cost of exporting to China, BMW said. Any U.S. tariffs would likely lead to further retaliatory measures from China and the European Union.

In addition, higher tariffs on components imported to the United States would make other production locations outside the country more competitive.

“All of these factors would substantially increase the costs of exporting passenger cars to these markets from the United States and deteriorate the market access for BMW in these jurisdictions, potentially leading to strongly reduced export volumes and negative effects on investment and employment in the United States,” BMW said in the letter.​

BMW says U.S. tariffs on EU cars may hit investment there

By slapping trade taxes on the automobile companies, it just makes those companies less competitive in global markets as American-made cars become more expensive.

Economics 101

The US market is by far the largest for BMW. If they start shifting plants to other places then it's going to cost them substantially more to ship cars BACK to the US! Sorry, but this is posturing by BMW. They need to put pressure on their own government to stop placing tariffs on US goods and then we'll have a level playing field. Until then? Buy a Lexus or a Cadillac.

Volkswagen makes better cars anyway.

 

[Indeependent]

Trade policy is not socialism.


That you have to lie about that, shows that you know you are in the wrong, on this issue.

I have not lied about anything, when trade policy involves the Govt controlling more and more of the economy then it is socialism.

I personally do not want the Govt trying to tell me what to buy, but I happen to hold my freedom a little more closely than you apparently.


Sent from my iPhone using USMessageBoard.com

The whole point of Trade Policy is to ensure that our Trade is, at least, mutually beneficial.


It has not been.


Trade Policy that does not serve the interests of our citizens, is bad trade policy.


You saying "socialism" a lot, is not an argument against that.



Ideological purity is not a good reason to ignore the interests and well being of our citizens.

One more time...

3.8% unemployment...
More jobs than people to fill them...
108 straight months of economic expansion, the 2nd longest in our nations history...
Record setting stock markets, till the trade war was started.

How do those things equal “we have not benefited”?




Sent from my iPhone using USMessageBoard.com

Until wages start to rise, dramatically, it is all just more of the same.

According to your savior, we are over paid as a nation.

Trade wars cannot ever raise wages, that is a pipe dream without a shred of historical support


Sent from my iPhone using USMessageBoard.com

How pathetic quoting someone out of context.
Not befitting someone of your intellectual honesty.

 

[AntonToo]

Good.

No dolt, it ain't good when tariffs cause market volatility, profit loss and job contractions in what was otherwise a full employment, stable economy.

 

[miketx]

Good.

No dolt, it ain't good when tariffs cause market volatility, profit loss and job contractions in what was otherwise a full employment, stable economy.

Calls me a dolt, supports the unfair trade practice that has been going on for over 40 years hurting the US economy.

 

[AntonToo]

Good.

No dolt, it ain't good when tariffs cause market volatility, profit loss and job contractions in what was otherwise a full employment, stable economy.

Calls me a dolt, supports the unfair trade practice that has been going on for over 40 years hurting the US economy.

Bullshit, slapping on across the board tariffs because some country somewhere has tarrifs on our exports is a stupid, UNFAIR idea that screws companies and people.

 

[miketx]

Good.

No dolt, it ain't good when tariffs cause market volatility, profit loss and job contractions in what was otherwise a full employment, stable economy.

Calls me a dolt, supports the unfair trade practice that has been going on for over 40 years hurting the US economy.

Bullshit, slapping on across the board tariffs because some country somewhere has tarrifs on our exports is a dumbass idea that screws companies and people.

Some country somewhere? My how you trolls love to pretend.

 

[Thinker101]

Tariffs are taxes on trades. Higher taxes on corporations cause less investment and less jobs. Conservatives used to understand this. Now they are cheering for higher taxes on consumers and corporations. But simply because someone dresses up a leftist policy and calls it "conservative" does not mean it isn't a bad idea.

U.S. tariffs on imported cars could lead BMW (BMWG.DE) to reduce investment and cut jobs in the United States due to the large number of cars it exports from its South Carolina plant, the German carmaker has warned.

President Trump’s administration last month launched an investigation into whether auto imports posed a national security threat and Trump has threatened to impose a 20 percent tariff on all imports of EU-assembled cars. ...

The BMW plant in South Carolina is its largest globally and ships more than 70 percent of its annual production to other export markets, the company said.

Chinese tariffs on U.S. passenger cars, imposed in retaliation for U.S. duties on Chinese goods, have already hiked up the cost of exporting to China, BMW said. Any U.S. tariffs would likely lead to further retaliatory measures from China and the European Union.

In addition, higher tariffs on components imported to the United States would make other production locations outside the country more competitive.

“All of these factors would substantially increase the costs of exporting passenger cars to these markets from the United States and deteriorate the market access for BMW in these jurisdictions, potentially leading to strongly reduced export volumes and negative effects on investment and employment in the United States,” BMW said in the letter.​

BMW says U.S. tariffs on EU cars may hit investment there

By slapping trade taxes on the automobile companies, it just makes those companies less competitive in global markets as American-made cars become more expensive.

Economics 101

No more cars in Harlem?

If nothing else, maybe fewer BMW's in Harlem.

 

[Bruce_T_Laney]

Good. We can buy American now.

Buy Ford made in Canada and Mexico...

Oh, but you can buy Toyota that is made here...

Japan's Toyota has the most made-in-the USA car: Camry

 

[miketx]

Good. We can buy American now.

Buy Ford made in Canada and Mexico...

Oh, but you can buy Toyota that is made here...

Japan's Toyota has the most made-in-the USA car: Camry

Naw I don't like working on fords. Or toyotas.

 

[Bruce_T_Laney]

Good. We can buy American now.

Buy Ford made in Canada and Mexico...

Oh, but you can buy Toyota that is made here...

Japan's Toyota has the most made-in-the USA car: Camry

Naw I don't like working on fords. Or toyotas.

I own a Ford and can work on it but Toyota is horrible car to work on just like Honda!

 

[miketx]

Good. We can buy American now.

Buy Ford made in Canada and Mexico...

Oh, but you can buy Toyota that is made here...

Japan's Toyota has the most made-in-the USA car: Camry

Naw I don't like working on fords. Or toyotas.

I own a Ford and can work on it but Toyota is horrible car to work on just like Honda!

I worked on all of them.

 

[Harpy Eagle]

I have not lied about anything, when trade policy involves the Govt controlling more and more of the economy then it is socialism.

I personally do not want the Govt trying to tell me what to buy, but I happen to hold my freedom a little more closely than you apparently.


Sent from my iPhone using USMessageBoard.com

The whole point of Trade Policy is to ensure that our Trade is, at least, mutually beneficial.


It has not been.


Trade Policy that does not serve the interests of our citizens, is bad trade policy.


You saying "socialism" a lot, is not an argument against that.



Ideological purity is not a good reason to ignore the interests and well being of our citizens.

One more time...

3.8% unemployment...
More jobs than people to fill them...
108 straight months of economic expansion, the 2nd longest in our nations history...
Record setting stock markets, till the trade war was started.

How do those things equal “we have not benefited”?




Sent from my iPhone using USMessageBoard.com

Until wages start to rise, dramatically, it is all just more of the same.

According to your savior, we are over paid as a nation.

Trade wars cannot ever raise wages, that is a pipe dream without a shred of historical support


Sent from my iPhone using USMessageBoard.com

How pathetic quoting someone out of context.
Not befitting someone of your intellectual honesty.

How telling that is all you can reply with


Sent from my iPhone using USMessageBoard.com

 

[Harpy Eagle]

Good.

No dolt, it ain't good when tariffs cause market volatility, profit loss and job contractions in what was otherwise a full employment, stable economy.

Calls me a dolt, supports the unfair trade practice that has been going on for over 40 years hurting the US economy.

Hurting the US economy..you mean the economy that is at 3.8% unemployment and in the midst of the second longest period of economic expansion in the history of the country, that economy?


Sent from my iPhone using USMessageBoard.com

 

[Marion Morrison]

Tariffs are taxes on trades. Higher taxes on corporations cause less investment and less jobs. Conservatives used to understand this. Now they are cheering for higher taxes on consumers and corporations. But simply because someone dresses up a leftist policy and calls it "conservative" does not mean it isn't a bad idea.

U.S. tariffs on imported cars could lead BMW (BMWG.DE) to reduce investment and cut jobs in the United States due to the large number of cars it exports from its South Carolina plant, the German carmaker has warned.

President Trump’s administration last month launched an investigation into whether auto imports posed a national security threat and Trump has threatened to impose a 20 percent tariff on all imports of EU-assembled cars. ...

The BMW plant in South Carolina is its largest globally and ships more than 70 percent of its annual production to other export markets, the company said.

Chinese tariffs on U.S. passenger cars, imposed in retaliation for U.S. duties on Chinese goods, have already hiked up the cost of exporting to China, BMW said. Any U.S. tariffs would likely lead to further retaliatory measures from China and the European Union.

In addition, higher tariffs on components imported to the United States would make other production locations outside the country more competitive.

“All of these factors would substantially increase the costs of exporting passenger cars to these markets from the United States and deteriorate the market access for BMW in these jurisdictions, potentially leading to strongly reduced export volumes and negative effects on investment and employment in the United States,” BMW said in the letter.​

BMW says U.S. tariffs on EU cars may hit investment there

By slapping trade taxes on the automobile companies, it just makes those companies less competitive in global markets as American-made cars become more expensive.

Economics 101

BMW may have to source American steel to keep its plant open.

Are you paying attention to what's going on for your investor's sake, Toro?

You could make them a killing if you do it right.