SC workers laid off over tariffs
COLUMBIA, S.C.
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.
Element TV Co. 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 company said in a letter to state employment officials Monday.
“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,” the company wrote to the state Department of Employment and Workforce.
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