TV maker laying off most workers in SC, blaming Trump tariffs

South Carolina News
Trump_83330-159532.jpg00061775

President Donald Trump waves to the cheering crowd as he arrives to speak at a rally at Olentangy Orange High School in Lewis Center, Ohio, Saturday, Aug. 4, 2018. (AP Photo/Carolyn Kaster)

COLUMBIA, S.C. (AP) – President Donald Trump’s tariffs against China are causing a South Carolina television maker to lay off nearly all of its employees because of the sudden increase in the price of components for its products.

In a letter to state employment officials Monday, Element TV Company says it will let 126 workers go, most of them on Oct. 5, leaving behind a skeleton crew of eight employees to watch the Fairfield County plant in hopes it can reopen in three to six months.

The Trump administration imposed a 25 percent import tax in July that included Chinese components for TVs and video equipment.

The Element plant opened to huge fanfare about five years ago.

Copyright 2021 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories