Saturday, August 17, 2019

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New BMW Mexican plant arrives at eye of Trump's trade storm

Friday, June 7, 2019


President Trump’s vow to impose a 5 percent tariff on Mexican goods comes just in time to hit exports from a $1 billion BMW factory that opens in the country next week.

A swathe of the 3-Series sedans to be made at the plant in San Luis Potosi are destined for U.S. dealers, Bloomberg reports.