Loading chat...
SC H4325
Resolution
Status
4/9/2025
Primary Sponsor
Hamilton Grant
Click for details
AI Summary
-
Urges the President of the United States to end tariffs negatively affecting BMW and other critical industries in South Carolina
-
BMW has invested more than $14.8 billion in Spartanburg since 1992 and is currently undertaking a $1.7 billion expansion for electric vehicle assembly and a new high-voltage battery plant in Woodruff
-
BMW is the largest automotive exporter by value from the U.S., with approximately $10 billion in exports in 2024, with two-thirds of production coming from the Spartanburg plant since 2014
-
The company could lose as much as $1.1 billion in 2025 due to tariffs on steel, aluminum, vehicle imports from Mexico, and Chinese electric vehicle tariffs imposed by the European Union
-
Directs that a copy of the resolution be presented to the President of the United States
Legislative Description
End tariffs
Last Action
Referred to Committee on Invitations and Memorial Resolutions
4/9/2025