Quote:
Originally Posted by ASAP
I have a tough time understanding this article... the price of US made BMWs going to China will increase? Lol that sounds like a serious hit to China / BMW more so than the USA. BMWs profits as a corporation do not remain in the USA and with the growing economy in China; this hurts BMW and China more so than in any way the US. We are still the largest market for cars coming out of that plant if I am not mistaken... don't worry about the jobs. this would be how a trade war works.
|
Cliff notes version: Increased pricing will most likely lead to lower demand. Lower demand = less production = less workers. Net/net this is a loss for BMW and US, specifically the people employed in these US plants.