Trump's China Tariffs Claim Another Victim: A South Carolina TV Manufacturing Plant:
The tariffs imposed by President Trump have claimed more jobs, this time at a consumer-electronics manufacturing plant in South Carolina.
Element Electronics blamed tariffs on Chinese imports for its decision to shut down its manufacturing facilities in Winnsboro, SC, a town located about 30 miles north of the state's capital. The plant, which makes Element TVs, will maintain a skeleton crew of eight workers, as it hopes the shutdown will be temporary."
The news is especially hard for Winnsboro and its surrounding communities because of recent job losses in the area, including the shuttering of a Walmart store, the closing of a textile mill, and the cancellation of plans to construct two nuclear reactors.
Element notified the state's Department of Employment about its plans, according to Columbia-based The State newspaper, which first reported on the plant's closing. In its notification, Element stated, "The layoff and closure is a result of the new tariffs that were recently and unexpectedly imposed on many goods imported from China, including the key television components used in our assembly operations in Winnsboro."
(Score: 0) by Anonymous Coward on Thursday August 09 2018, @10:28PM (1 child)
Samsung for example, makes a huge portion of the screens for everything, including for what might seem like competitors. LG is also in Korea. Sony is in Japan.
(Score: 2) by RS3 on Friday August 10 2018, @02:37AM
Yes and no. Many "Samsung" and most Sony panels say "Made in China" on them. I've worked on a few dozen. I forget about LG...