Tariffs forcing US TV plant closure

Move follows warnings by major automakers of possible job losses

Swedish carmaker Volvo has warned about layoffs at its US plant in South Carolina due to the Trump administration's tariffs on China. It was a warning which was also made by German auto giant BMW. Now a TV maker in the state says it is closing its plant due to the tariffs.

Element TV Co will let 126 workers go, mostly on Oct 5. It will keep eight employees at the Fairfield County plant amid hopes it can reopen in three to six months, the company said in a letter to state employment officials on Monday.