BMW: European tariffs expected for the export of cars by Trampa will hurt the US economy

Photo: Reuters / Scanpix / LETA

The German car company, BMW, contacted the US Trade Minister, Vilbura Rosa, stating that tariffs on car exports from Europe would force Americans to cut back on their investments and their number of workers.

The Significant Effects of Already Introduced Customs Duties and New Rights Provided by the White House Would Significantly Reduce Exports and Negative Impact on Investment and Employment in the United States, Warns BMW [19659005]. "The answer to this question is" no, "says BMW, pointing out that closer trading relations reduce the willingness of nations to fight each other and promote national security.

The company says the opening The US has motivated its state of South Carolina to open a 10,000-job plant, which provides the country's economy with $ 6.3 billion a year.

BMW also points out that value-added total is $ 15.77 billion dollars, but directly and indirectly employs 120 855.

It has already been reported that US President Donald Tramps has threatened to set a 20% tariff on cars imported from Canada. European Union