The bill, H. 4325, is a resolution introduced in the South Carolina House of Representatives that urges the President of the United States to eliminate tariffs that are adversely impacting BMW and other essential industries within the state. The resolution highlights BMW's significant investment of over $14.8 billion in Spartanburg since 1992 and its ongoing $1.7 billion expansion to produce electric vehicles and establish a high-voltage battery assembly plant. It also notes that BMW is the largest automotive exporter by value from the U.S., with a total export value of approximately $10 billion in 2024, and emphasizes the financial strain the company faces due to tariffs on steel, aluminum, and vehicle imports.
The resolution calls for the President to take action to remove these tariffs, which are projected to cost BMW up to $1.1 billion this year. The House of Representatives expresses its collective support for this initiative and plans to present a copy of the resolution to the President.