Quote:
Originally Posted by FreudeamFahren18
How is this a political story? Its the truth. If they export X5 from the US to china they will face 25% tariff. Thats a fact , Its not just about politics. There are consequences to stupid decisions made by leaders who have zero grasp about how world economies function.
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The article states the Chinese Tariff is actually 40% (not 25%)...
BMW is the largest exporter of cars made in the USA. (Not Chevy, Ford, or Dodge...)
So the US wants to tax BMW cars 25% as we import them and then the Chinese want to tax BMW cars 40% as we export them.
BMW is taking it up the A$$ both coming and going. BMW can't win here. I wonder how all the Trump voters in Spartanburg are feeling right now? Probably a lot like the folks at Harley Davidson (and Chevy, and Ford)...