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  • The Christian Science Monitor

    In a US-China trade war, big losers include ... BMW? Taiwan?

    Jul 12, 2018 4 minutes
    Source: Karen Norris/Staff

    If the Trump administration slaps tariffs on foreign autos and China retaliates, the biggest loser in the United States might not be General Motors or Ford. It might be BMW.

    Last year, the German company was the largest US auto exporter by value, shipping nearly $8.8 billion worth of BMWs from its South Carolina plant. If the prospect of China hurting one of Europe’s premiere companies in order to punish the US sounds preposterous, then welcome to the world of trade wars and unintended circumstances.

    World business has a message for those trade officials from China, Europe, and

    Job gains? Maybe not.Effects on China's neighbors

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