1 | 1 | | South Carolina General Assembly126th Session, 2025-2026 |
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3 | 3 | | Bill 4325 |
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5 | 5 | | Indicates Matter StrickenIndicates New Matter |
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7 | 7 | | (Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.) |
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9 | 9 | | A house RESOLUTION to urge the President of the United States to end tariffs that are negatively affecting BMW and other critical industries in this State. Whereas, BMW has invested more than $14.8 billion since it came to Spartanburg in 1992. The plant is in the midst of a $1.7 billion expansion to assemble electric vehicles in Spartanburg, as well as a new high-voltage battery assembly plant in Woodruff; and Whereas, BMW is the largest automotive exporter by value from the U.S., according to the U.S. Department of Commerce, with a total export value of about $10 billion in 2024. And two-thirds of what the company produces has come from the Spartanburg plant since 2014; and Whereas, the company, headquartered in Germany, could bleed as much as $1.1 billion this year because of tariffs on steel and aluminum, vehicle imports from Mexico and tariffs on Chinese electric vehicles implemented by the European Union. Now, therefore, Be it resolved by the House of Representatives: That the members of the South Carolina House of Representatives, by this resolution, urge the President of the United States to end tariffs that are negatively affecting BMW and other critical industries in this State. Be it further resolved that a copy of this resolution be presented to the President of the United States. ----XX---- |
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27 | 27 | | A house RESOLUTION |
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31 | 31 | | to urge the President of the United States to end tariffs that are negatively affecting BMW and other critical industries in this State. |
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35 | 35 | | Whereas, BMW has invested more than $14.8 billion since it came to Spartanburg in 1992. The plant is in the midst of a $1.7 billion expansion to assemble electric vehicles in Spartanburg, as well as a new high-voltage battery assembly plant in Woodruff; and |
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39 | 39 | | Whereas, BMW is the largest automotive exporter by value from the U.S., according to the U.S. Department of Commerce, with a total export value of about $10 billion in 2024. And two-thirds of what the company produces has come from the Spartanburg plant since 2014; and |
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43 | 43 | | Whereas, the company, headquartered in Germany, could bleed as much as $1.1 billion this year because of tariffs on steel and aluminum, vehicle imports from Mexico and tariffs on Chinese electric vehicles implemented by the European Union. Now, therefore, |
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47 | 47 | | Be it resolved by the House of Representatives: |
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51 | 51 | | That the members of the South Carolina House of Representatives, by this resolution, urge the President of the United States to end tariffs that are negatively affecting BMW and other critical industries in this State. |
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55 | 55 | | Be it further resolved that a copy of this resolution be presented to the President of the United States. |
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57 | 57 | | ----XX---- |
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59 | 59 | | This web page was last updated on April 09, 2025 at 03:31 PM |
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