Why Trump’s Threatened Mexico Tariffs Are Really Bad News for BMW

BMW executives opened the automaker’s first Mexican assembly plant extolling its value for the coming years, just a week after President Donald Trump threatened a fresh tariff threat on Mexican goods.

BMW spent about $1 billion on the plant, set in the vast arid plains of San Luis Potosi in north-central Mexico. It’s one of three -- the other two are in Germany and China -- that will produce the next-generation 3 Series sedan for sale in the U.S. and other markets.

BMW executives opened the automaker’s first Mexican assembly plant extolling its value for the coming years, just a week after President Donald Trump threatened a fresh tariff threat on Mexican goods. BMW spent about $1 billion on the plant, set in the vast arid plains of San Luis Potosi in north-central Mexico. It’s one of three -- the other two are in Germany and China -- that will produce the next-generation 3 Series sedan for sale in the U.S. and other markets.