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re: BMW "not budging" on Mexican plant
Posted on 1/16/17 at 1:52 pm to TejasHorn
Posted on 1/16/17 at 1:52 pm to TejasHorn
quote:
So, Trump is proposing we pay more for our BMWs if they build in Mexico (cuz you know who ends up paying that tax, right?).
Furthermore, this is not even an American company.
And what better way to keep Mexicans in Mexico than them having jobs??
LINK
It's all a kabuki dance. Trump sings his song, and his supporters lap it up.
Trump knows good and well a few things...
1) Congress has the authority on tariffs, not the President.
2) The BMW plant (and all car plants in Mexico) utilizes a ton of suppliers from the United States. Something like this hurts them badly - a far worse impact than having 5,000 or whatever jobs it would create if they, say, expanded their Spartanburg plant.
This post was edited on 1/16/17 at 1:54 pm
1
Posted on 1/16/17 at 5:01 pm to AbuTheMonkey
quote:
utilizes a ton of suppliers from the United States. Something like this hurts them badly
How does this hurt them??? They will sell the parts regardless.
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