Summary:
BMW sticking to the MAGA script.Don't put it past the firms to balance out the trade themselves just to shut up the pols and economists...Let’s clear the air. BMW is NOT moving U.S. production to China. Production in China is growing because of customer demand. Expansion of our U.S. plant, including 0M investment and 1,000 new jobs, is on track with a new X5 and all-new X7 arriving before the end of this year.— BMW USA (@BMWUSA) July 12, 2018
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
BMW sticking to the MAGA script.Don't put it past the firms to balance out the trade themselves just to shut up the pols and economists...Let’s clear the air. BMW is NOT moving U.S. production to China. Production in China is growing because of customer demand. Expansion of our U.S. plant, including 0M investment and 1,000 new jobs, is on track with a new X5 and all-new X7 arriving before the end of this year.— BMW USA (@BMWUSA) July 12, 2018
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Mike Norman writes Trade deficit
Mike Norman writes Bond market now pricing in one 25 bps rate cut by Fed in 2025
New Economics Foundation writes What are we getting wrong about tax
Sandwichman writes The more this contradiction develops…
BMW sticking to the MAGA script.
Don't put it past the firms to balance out the trade themselves just to shut up the pols and economists...
Let’s clear the air. BMW is NOT moving U.S. production to China. Production in China is growing because of customer demand. Expansion of our U.S. plant, including $600M investment and 1,000 new jobs, is on track with a new X5 and all-new X7 arriving before the end of this year.
— BMW USA (@BMWUSA) July 12, 2018