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      07-11-2018, 09:02 PM   #64
Ricfutures
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Update to this conversation in the article below:

"BMW said Monday that it would move production for some of its SUVs out of the U.S. as a result of new tariffs placed on the vehicles, according to The Post and Courier in South Carolina."

"The company also said that it will raise prices for U.S.-produced SUVs sold in China because it is "not in a position to completely absorb the tariff increases" after China slapped a 40 percent tariff on U.S. car imports, according to the newspaper. The action was in response to tariffs on Chinese goods imposed by President Trump."

http://thehill.com/policy/finance/in...in-response-to
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