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In a US-China trade war, big losers include ... BMW? Taiwan?

The Christian Science Monitor
In a US-China trade war, big losers include ... BMW? Taiwan?

In the escalating global conflict over trade, a useful maxim is “be careful what you wish for.” Measures designed to punish an adversary over unfair practices could come back to bite workers in your own country, or those in some other place that’s not directly targeted. When the United States slaps penalties on imports from China, Taiwan faces collateral damage because of its role as a parts supplier. And if China’s retaliation hits US car shipments, German automaker BMW would be pummeled, along with US workers, since that company exports heavily from a South Carolina plant. President Trump hopes that a reset in global trade will bring jobs back to the US. Some of that may happen, but the process