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re: BMW "not budging" on Mexican plant

Posted on 1/16/17 at 3:10 pm to
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8037 posts
Posted on 1/16/17 at 3:10 pm to
quote:

quote:
Not really. Companies don't make strategic decisions like that on a whim.


Carrier was in the middle of building their Mexican plant. You think they seriously were planning to abandon their plans midway?


Oh, yes, 700 jobs saved in which the governor of the state had to personally step in and make it happen.

If you think that sort of thing is going to occur in a labor force turnover as rapid as ours among tens of millions of workers, you're delusional.

Not going to be any tariffs on agricultural, oh? If we start slapping them on auto manufacturing, I promise you that you'll start seeing them on agricultural exports. Do you know who the equivalent of a Trump voter is in Mexico? The sector that's been killed by NAFTA and is now in populist revolt?

Farmers.
This post was edited on 1/16/17 at 3:12 pm
Posted by joshnorris14
Florida
Member since Jan 2009
45388 posts
Posted on 1/16/17 at 3:12 pm to
quote:

Oh, yes, 700 jobs saved in which the governor of the state had to personally step in and make it happen.


Indiana had already offered that to them prior to them beginning to build the plant.
Posted by joshnorris14
Florida
Member since Jan 2009
45388 posts
Posted on 1/16/17 at 3:13 pm to
quote:

Not going to be any tariffs on agricultural, oh? If we start slapping them on auto manufacturing,


There aren't going to be ANY significant tariffs. That's part of the reason Mexico is so eager to renegotiate NAFTA. They want to avoid tariffs and believe Trump to be serious when he says he'll put them in place.
Posted by mofungoo
Baton Rouge
Member since Nov 2012
4583 posts
Posted on 1/16/17 at 3:15 pm to
quote:

No, Donald Trump is an idiot and continues to prove he has no idea wtf he is doing.


The stock market disagrees.
Posted by Ralph_Wiggum
Sugarland
Member since Jul 2005
10704 posts
Posted on 1/16/17 at 3:19 pm to
Trump can't stamp a 35 percent tariff and BMW will not be intimidated by Trump and NAFTA fully allows by law the ability of BMW to ship Mexican-made cars to the US.

What will be sadly funny is when BMW shuts down the South Carolina plant because they can do the same thing in Mexico with cheaper labor and no amount of tax breaks or union busting or right to work stuff will make South Carolina automobile manufacturing labor competitive with Mexican labor.

Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 1/16/17 at 3:21 pm to
Interesting to see union loving democrat Ralph opposing Trump on this issue.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10248 posts
Posted on 1/16/17 at 3:22 pm to
quote:

quote: Again, what happens to our agricultural sector? Nothing, there aren't going to be any significant tariffs


We have subsidised ag. That is a tariff like policy. Or a policy that has some resultant consequences that are similar to what some other tariffs, unilateral and otherwise have.

We prop up prices and demand, others prop up labor, and artificially lower prices.
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8037 posts
Posted on 1/16/17 at 3:23 pm to
That's completely wrong, too. Mexican auto labor is getting more and more expensive.
Posted by BeeFense5
Kenner
Member since Jul 2010
41313 posts
Posted on 1/16/17 at 3:23 pm to
quote:

Interesting to see union loving democrat Ralph opposing Trump on this issue.



Yeah, we are finally seeing that Ralph is not as principled as he wanted us to believe.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10248 posts
Posted on 1/16/17 at 3:25 pm to
quote:

Not going to be any tariffs on agricultural, oh? If we start slapping them on auto manufacturing, I promise you that you'll start seeing them on agricultural exports. Do you know who the equivalent of a Trump voter is in Mexico? The sector that's been killed by NAFTA and is now in populist revolt? Farmers.


You're doing pretty well, but you might want to rethink this one. We could crush anything Mexico would attempt to do against us in ag. Fairly easily.
Posted by Ralph_Wiggum
Sugarland
Member since Jul 2005
10704 posts
Posted on 1/16/17 at 3:27 pm to
quote:

Interesting to see union loving democrat Ralph opposing Trump on this issue.


I have no sympathy for autoworkers in SC who are not members of the UAW. They chose to not be in a union and they will get screwed over
Posted by RobbBobb
Matt Flynn, BCS MVP
Member since Feb 2007
28090 posts
Posted on 1/16/17 at 3:36 pm to
quote:

revanchist protectionism

'revenge' protectionism. Revenge for what exactly?
quote:

Mexico turns around and slaps a 35% tariff on American imports

You do get that companies are moving to Mexico due to low wages, right? How ae Mexicans going to earn that extra 35%? By raising wages perhaps? Then how does that benefit BMW?
quote:

So, you're a smart guy. Why do this?

Youre just too naïve. Its the same thing that happened when we raised the minimum wage. Did that work?

Nope, jobs moved overseas, next we starting wholesale importing illegals, and now we've created H1B visas. All to get around paying higher wages

Population of Mexico is 127M. The US is 319M. BMW just built a plant in S. America in 2014. Who do you think they plan on selling those 120,000 vehicles a year to? Aint lower wage earning, border hoping Mexicans, for sure
Posted by deltaland
Member since Mar 2011
91239 posts
Posted on 1/16/17 at 3:44 pm to
quote:

what better way to keep Mexicans in Mexico than them having jobs??



Or just use the revenue from the 35% tariff to build the wall.

quote:

Furthermore, this is not even an American company.


So? The US is the largest consumer market. We have leverage to try to convince them to build their products that they wish to sell to us in our country
Posted by mmcgrath
Indianapolis
Member since Feb 2010
35510 posts
Posted on 1/16/17 at 3:56 pm to
quote:

Then how possibly can you fault him for building a business rather than taking the easy way out?

He lost his shirt in real estate. He was horrible at it despite riding a wave of increasing values that earned a lot of people a lot of money.
Posted by idlewatcher
County Jail
Member since Jan 2012
79669 posts
Posted on 1/16/17 at 4:06 pm to
quote:

No one wants that overpriced shitty kraut sedan anyway


I hate you
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10248 posts
Posted on 1/16/17 at 4:11 pm to
I suspect you are not correct. He, and a lot of other people lost their shirt in the Atlantic City casino business, and he has lost money on some real estate deals, but by and large, he has grown his business.

This is not a good argument for you. Stick to something that actually merits some criticisms, such as his continued poor choice of words, or better yet, your disagreement of an actual policy like healthcare, or taxes.

I'll check in from time to time. I'm eagerly awaiting Notre Dame guy to come back and explain how Mexico is going to put a hurt on the US ag business. That one should be good reading.
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 1/16/17 at 4:29 pm to
Here's what I would say to Trump:

BMW already builds over 300,000 cars per year in South Carolina, which is roughly equivalent to the total BMW sales in the US. Some of those US-produced cars are exported, and some Chinese and German-made BMWs are imported, but BMW is still making/selling cars at a 1:1 ratio in the US...
This post was edited on 1/16/17 at 4:30 pm
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55670 posts
Posted on 1/16/17 at 5:01 pm to
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.
Posted by RobbBobb
Matt Flynn, BCS MVP
Member since Feb 2007
28090 posts
Posted on 1/16/17 at 5:06 pm to
quote:

NAFTA fully allows by law the ability of BMW to ship

Not in 2019 it wont

Because if you think the next round of elections will save any dissenters (esp among Dims), you aint seen nothing yet
Posted by Pax Regis
Alabama
Member since Sep 2007
12990 posts
Posted on 1/16/17 at 5:08 pm to
Mercedes Benz. Made in Alabama. Just sayin'.
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