Audi will spend $4 billion to build its first US factory. The plant goes to Macon, Georgia, and should create 4,500 jobs. Audi's chief executive, Gernot Döllner, announced it on stage with President Donald Trump at a rally on Saturday. The timing was unusual, coming days before the US midterm elections. Parent company Volkswagen is under pressure from Trump's tariffs and Chinese competition.
Trump has put a 15 percent tariff on cars imported from the European Union. That makes cars shipped from Germany more expensive in the US. Building in Georgia lets Audi avoid the tariff and sell locally. The news also helps Trump argue that his tariffs bring factory jobs. But US vehicle and parts employment has fallen since he took office. Volkswagen is cutting 50,000 more jobs at home.
Car factory decisions affect jobs on two continents. Buyers may also see prices shift as firms dodge tariffs by moving production.

Audi will spend $4 billion to build its first US factory. The plant goes to Macon, Georgia, and should create 4,500 jobs. Audi's chief executive, Gernot Döllner, announced it on stage with President Donald Trump at a rally on Saturday. The timing was unusual, coming days before the US midterm elections. Parent company Volkswagen is under pressure from Trump's tariffs and Chinese competition.

Trump has put a 15 percent tariff on cars imported from the European Union. That makes cars shipped from Germany more expensive in the US. Building in Georgia lets Audi avoid the tariff and sell locally. The news also helps Trump argue that his tariffs bring factory jobs. But US vehicle and parts employment has fallen since he took office. Volkswagen is cutting 50,000 more jobs at home.

Car factory decisions affect jobs on two continents. Buyers may also see prices shift as firms dodge tariffs by moving production.

📰 Source: News Source
theguardian.com ↗
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