Debates Forum

Debates Forum

  1. Joined
    05 Nov '06
    Moves
    81257
    28 Aug '18 00:39
    Another Trump win...even getting raises for Mexicans in THEIR OWN country.

    "♦The NAFTA Loophole closure is explained in Summary Form HERE; with emphasis on the Auto-Sector. The key is a 75% part origination level for auto-assembly; and a 40-45% level for parts with a minimum $16/hr wage rate. The source-origination rate (75😵 is even higher than all previously forecast negotiation results.
    Example of downstream consequences/benefits: German auto-maker BMW recently built a $2 billion assembly plant in Mexico (almost complete). Most of their core parts were coming from the EU (steel/aluminum casting components) and/or Asia (electronics). Now the assembly plant will have to source 75% of the auto-parts from the U.S. and Mexico, with 45% of those parts from facilities paying $16/hr. Result: BMW will need to modify their supply chain and build auto parts in the U.S. and Mexico."

    https://theconservativetreehouse.com/
  2. Subscriberno1marauder
    Humble and Kind
    In the Gazette
    Joined
    22 Jun '04
    Moves
    39949
    28 Aug '18 00:581 edit
    Originally posted by @mott-the-hoople
    Another Trump win...even getting raises for Mexicans in THEIR OWN country.

    "♦The NAFTA Loophole closure is explained in Summary Form HERE; with emphasis on the Auto-Sector. The key is a 75% part origination level for auto-assembly; and a 40-45% level for parts with a minimum $16/hr wage rate. The source-origination rate (75😵 is even higher tha ...[text shortened]... ply chain and build auto parts in the U.S. and Mexico."

    https://theconservativetreehouse.com/
    Or BMW will relocate from the US and Mexico because of Trump's policies:

    Currently, BMW employs more than 8,000 factory workers at its largest operational manufacturing plant, located domestically in South Carolina. This particular factory builds nearly 500,000 vehicles annually, almost 40 percent more cars than BMW sells in the U.S. as a whole. The majority of these vehicles are then exported to other countries including Canada and the EU. Should it become unprofitable for BMW to continue operations within the boundaries of the United States, it may move operations elsewhere, rendering up to 8,000 workers without jobs and a substantial loss in local economic growth.

    -------------------------------------------------------------------------------------------------------------------

    BMW believes that by the United States pushing its protection tariffs on the world, it will effectively limit the investments that foreign automakers are willing to make on American soil, effectively costing jobs and stymieing local economic development across the country. Additionally, the automaker believes that domestic manufacturers will have less of an incentive to improve their own products, effectively removing the need to produce goods at a lower cost or better quality. This coincides with claims made by two organizations that represent several domestic and foreign automakers, the Association of Global Automakers and the Alliance of Automobile Manufacturers, that successful implementation of the tariffs will result in the loss of "hundreds of thousands of American [manufacturing] jobs", and would undoubtedly force a price hike delivered to the consumer

    http://www.thedrive.com/news/21878/bmw-warns-u-s-that-tariffs-may-cause-loss-in-jobs-and-investments
  3. Joined
    05 Nov '06
    Moves
    81257
    28 Aug '18 14:32
    Originally posted by @no1marauder
    Or BMW will relocate from the US and Mexico because of Trump's policies:

    Currently, BMW employs more than 8,000 factory workers at its largest operational manufacturing plant, located domestically in South Carolina. This particular factory builds nearly 500,000 vehicles annually, almost 40 percent more cars than BMW sells in the U.S. as a whole. The ...[text shortened]... ://www.thedrive.com/news/21878/bmw-warns-u-s-that-tariffs-may-cause-loss-in-jobs-and-investments
    " This particular factory builds nearly 500,000 vehicles annually"

    That statement should have clued you in that the article was a hit piece.