Quote:
Originally Posted by 8pt-buck
China has so much more to loose than the United States. China lives off of US Exports. China will put up a retaliatory fight in the beginning, but pay close attention to the near future of how the US will win the trade war.
Tesla hikes prices in China as trade war hits US cars
https://money.cnn.com/2018/07/30/new...ina/index.html |
China is BMW's biggest market. The German company sold 560,000 cars there last year — more than the United States and Germany combined.
- BMW exported about 81,000 vehicles from its plant in South Carolina to China last year, generating about $2.4 billion in sales
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So Trumplets let me rewrite this so you understand what's going on...
BMW's biggest factory was in the USA, it employs of thousands of Americans to make BMW's, 80,000 of them shipped to China each year!
China already had tariffs on cars but cos of Trumps games these have gone up even more.
What happens now? well BMW builds a factory in China and starts making those SUV models that were previously made in the USA, America loses all the jobs.
BMW to boost China production capacity
BMW said its annual production capacity in China will reach 450,000 vehicles, 144,274 vehicles more than last year's output, once an investment plan to upgrade its local factories is completed. At its factory in Shenyang's Dadong district, BMW now produces a long-wheelbase version of the 5-series sedan and is preparing to build the X3 SUV at a factory, which is run by its joint venture partner BMW Brilliance Automotive. BMW is now remodeling the a section of the Dadong plant to increase the factory's flexibility, while another plant in Shenyang's Tiexi district builds a long-wheelbase version of the X1 SUV, a 2 series, a long-wheelbase 3 series and a 1-series sedan.
But your winning right?