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S. Carolina TV plant says tariffs will force it to close
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Swedish carmaker Volvo warned about layoffs at its plant in South Carolina because of tariffs.
Now a TV maker in the state says it is closing its plant because of the Trump administration's tariffs on China.
It will keep eight employees at the Fairfield County plant in hopes it can reopen in three to six months, the company said in a letter to state employment officials on Monday.
South Carolina Governor Henry McMaster, one of US President Donald Trump's earliest supporters, said state and federal officials have discussed how tariffs can hurt the state.
Volvo of Sweden has said tariffs could prevent it from reaching its goal of 4,000 workers by 2021 at its just-opened auto plant near Charleston.
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