. >> so kyle, how does this work in the case of a bmw that is made in spartanburg, south carolina by american workers at an american factory of a company owned in bavaria and uses in-puts from all over the world? there may be some american components, there may be an entertainment from korea you can an engine from germany. >> so supply chains are clearly complicated and i think a lot of companies will have to look at how it will impact them and what the change in their tax remittances will be. about but generally if the dollar sg appreciate, you expect that to go across evenly whether your ib about put is from one country or not quhim twhile the is strengthened. >> what makes an american product, right? >> sure. and the prisoblem is once you dlank that defini change that definite nilgt you h the mas effects. >> i think we will be talking about this a lat lot more. we'll have you back. to read more, head to our website nbr.com. >>> the number of job openings road to a near record. there were more than 5.5 million openers in november up slightly from october. the rate of people quittin

spartanburg is a strategic investment decision, as is our new plant in mexico which will produce theeries product, and that will be provided to markets all around the world. the same way we have plants around 14 different countries now. 30 manufacturing sites. it is part of an ongoing manufacturing growth story which bmw has enjoyed over the last few years and i'm sure will continue to enjoy. christoph: bmw's head of sales and marketing speaking there. as the detroit show got underway, the volkswagen executive has been arrested by the fbi. he is facing charges of conspiracy to defraud the united states. he is accused of playing a key role in volkswagen's efforts to conceal its emissions cheating devices from u.s. regulators. the carmaker issued a statement saying the company continues to cooperate with the department of justice but would not give any comments on ongoing investigations. revolutionizing the world with the swipe of a finger. 10 years ago apple presented the very first iphone, an all-in-one handset which is profoundly change the way we communicate, get together, work and

bmw has plans all over the world, but none as big as the spartanburg plant.produce more in spartanburg than any other plant they have, including in germany. guy: yeah. you wonder whether what bits go into the bmws. i suspect that the supply chain -- i suspect the supply chain -- let's call it north american based and probably a lot of german stuff going into that as well. port to the engines come from? where did the transmissions come from? i wonder whether or not the math is actually being done. matt: i can answer that question for you, no. the math is definitely not being done. obviously, on every car from all thesea, honda, cars are built with parts that come from everywhere around the world. but the issue is where the final assembly takes place as far as the import taxes concerned. bmw is the biggest exporter of automotive products from the u.s.. they export more than $10 billion worth of automotive products every year, more than company, including any of the detroit three. they do big business in america. i think it's interesting that --mp is taking on t

i mean, you know, if mercedes is made in alabama and the x5 is made in spartanburg. and my dad's gm truck was built in ontario, canada -- >> no, no, no. >> hold on. >> they have some manufacturing here. some. that's just show. still, most of the manufacturing is overseas and they're bringing them? >> i think every honda accord is made in marysville, ohio. >> everything trump is doing -- forget border taxes, trade wars and all that -- is promoting consumption. promoting the labor markets. promoting wage growth. all of which is going to benefit the auto oems. >> the henry ford idea. i'll double the workers pay because they can afford to buy the cars they manufacture. >> thank you for the analogy. your comment about peak earnings is absolutely appropriate if you're a peak auto. i've been saying, we're not with the strength of the labor market. we should not be at peak auto here. >> how many cars do you need? if you've got a fleet that's -- the age of the fleet decreased over time, it's still long by any stretch of the imagination. >> you have to look at gas prices, as y

you have a substantial facility in spartanburg.e a lot of investment in mexico. are you adjusting your balance between mexico and the u.s. in response to the trumpet administration? strategic plan in mexico, like we have new plants coming online in other parts of the world in recent years. we continue to expand and invest in our u.s. plans as well. the plan in mexico will come on stream in 2019. we only broke earth last year. ultimately those cars are produced and sold, we will decide in the next couple of years. we bring the, three series in from various plants all over the world, sold across the world. we produce global cars. a three series in the u.s. is the same as in europe, japan, so on and so forth. that is something which is flexible. we make the three series in various countries, we have a flexible response. we can make a hand, left hand, different primitives of the ame platform. dr. ian robinson, thank you for being here. scarlet: thank you very much, david westin, with ian robertson from detroit. coming up, $22 billion w

one of bmw's biggest plants in spartanburg, south carolina. >> hans, thank you so much for that. we have some breaking news right now, the wife of orlando nightclub gunman omar mateen has been arrested in connection with the mast shooting. we've got those details next. 90% of the world's largest supercomputers run on intel? that means you can take a universe of data - in your case literally - and turn it into medical discoveries, diagnostic breakthroughs... ...proof that black holes collapse into one singularity. i don't know what that is. but yes. innovation runs on supercomputers... ...and supercomputers run on intel. you are super smart. and super busy. ♪ ooh! ufo! false alarm, eyelash! has been a struggle. i considered all my options with my doctor, who recommended once-daily toujeo®. now i'm on the path to better blood sugar control. toujeo® is a long-acting insulin from the makers of lantus®. it releases slowly, providing consistent insulin levels for a full 24 hours, proven full 24-hour blood sugar control, and significant a1c reduction. and along with toujeo®, i'm eating

in spartanburg. the if all supply parts not being built in the u.s.ff. so here we go. >> yeah. that's it,. liz: neil: my german accent for what he said? >> no, i would get rid of straight away, no question. neil: whatever. >> he is using force, threatening force against americans. his role -- neil: germans are responding in this case. >> indeed. so you're getting a trade war, you're getting protectionism, getting exactly what herbert hoover did in 2000, in 1929, that precipitated great depression. what is more frustrating than anything else is hypocrisy of trump camp. trump manufactures his goods overseas and a lot of conservatives, noelle, you wrote an article for foxnews.com how wonderful free trade was. free-trade agreements beneficial for americans. why is that changed? >> look, jonathan, i'm sad, i will have to disagree with you, my friend. i did, i love free trade but let me tell you something this is different time in america. this is getting back to the roots. just like. liz: talked about "hidden figures, getting back to american roots and mak

president-elect just going to run through every foreign car company until somebody explains to him where spartanburgot sure if he is going to go to every car company, but he has been talking about forward, fiat chrysler, toyota, general motors. he has gotten some decent results that way, but it is interesting he chooses bmw as a target considering they produced so much in the u.s. already. i look at the size of the tariff. 35% is we all believe ridiculous. could the president-elect ever get the republicans to go for a smaller, token tariff? matt: i have to say that question is way above my pay grade. i feel like 35% of anything is a big chunk. that is what people pay at the top bracket of income taxes in the u.s. about. i am not really a political scientist or any, so i could not comment. tom: i know, it is monday, so matt miller dodges questions. george magnus is paid to do this. george, will we see a token tariff from the u.s.? george: token tariff. you know, we have already had some discussion during the campaign, some rhetoric about 45% tariffs on chinese goods. now the president-elect is talkin

how does bmw respond in spartanburg when they hear mr. trump say everything in the u.s.? kevin: it is remarkable because the conventional economics is being turned on its head. mr. trump is coming in with something totally unconventional. the previous state of affairs thought that free markets were optimal, the capital should move to the locations that provided the best returns. mr. trump said, no, that has not benefited people. tom: is this mercantilism? kevin: we are moving in that direction for certain. returns are not going to be based on what the market dictates but rather on what mr. trump sees as political dictates, that serve the people who elected him, bringing jobs back. francine: how many jobs are we talking about being brought back ? 2000 or 3000? what does that mean if there is a stronger dollar? you lose out by selling exports even if you bring jobs back to america. kevin: you are right, the level of employment in the automobile industry has come down over the decades, partly because of automation, but partly because of jobs created outside the country. we

ainsley: imagine the greenville spartanburg airport when the team goes back.flooded with fans. >> clemson fans are amazing. >> alabama had their chance. they won. spread the love. brian: being a yankee fan, used to winning every year. >> 'bama is used to winning every year. steve: talk about confirmmation hearings. he appeared at trump tower. he says he thinks the his people will sail through. jeff sessions and john kelly, department of homeland security. jeff sessions, there is trump down at mara lag go, jeff sessions is somebody a lot of democrats are gunning for. >> big mistake. i know jeff since 1981, i was associate attorney general. i was his boss. he used to introduce me when we did rallies for donald trump together. i know his work in detail. he was a very, very good u.s. attorney. probably one of the best in the reagan justice department. steve: what about allegations that he was a racist? >> he prosecute ad a klan, one life sentence, one death sentence. this is a guy who brought desegregation cases for rural districts. this is ridiculous. he has been