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Foreign companies eye expansion in America to lessen tariff fallout

  • Some non-U.S. companies are considering expanding or setting up operations in the U.S. to mitigate the impact of import tariffs imposed by President Donald Trump.
  • Examples include BMW's plan to add shifts to its South Carolina plant, Honda's plan to move some car production to the U.S., and Luxshare's intention to shift production outside China.
  • Other companies, such as Compal Electronics and LG Electronics, are also exploring options to respond to tariffs by considering investments or moving manufacturing to the U.S.
  • Apple has previously announced plans to invest in America and create more jobs in the country.

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