Possible impacts of tariffs in South Carolina’s industries [Video]

CHANCES AND WHERE WE GO THE REST OF THE WEEK INTO THE WEEKEND. CHRIS. THANK YOU. A GLOBAL TRADE WAR COULD IMPACT BILLIONS OF DOLLARS OF IMPORTS AND EXPORTS IN SOUTH CAROLINA. AND TONIGHT WE ARE BREAKING DOWN THE NUMBERS. THE TRUMP ADMINISTRATION PAUSED SOME PLANS TO INCREASE TARIFFS AGAINST CANADA AND MEXICO THIS WEEK. BUT EXPERTS SAY TARIFFS COULD STILL BE A REALITY FOR MANY U.S. ALLIES. OUR NATE STANLEY JOINS US IN STUDIO WITH A LOOK AT HOW INCREASED TARIFFS COULD IMPACT US ALL. NATE. NIGEL. SYDNEY. LET’S USE SOUTH CAROLINA’S AUTOMOTIVE INDUSTRY AS AN EXAMPLE. IT’S ONE OF THE HIGHEST PRODUCING IN THE U.S. WITH COMPANIES INCLUDING VOLVO, BMW, MERCEDES AND NOW SCOUT MOTORS, PLUS A THRIVING TIRE INDUSTRY. SOUTH CAROLINA SEES $2.8 BILLION PER YEAR IN AUTO PART EXPORTS ALONE, AND $1 BILLION IN AUTO IMPORTS, A 25% TARIFF. AS PRESIDENT TRUMP HAS CONSIDERED MAY COST …