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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHarley-Davidson Predicts Trump's Trade War Will Cost It Big Time
By BLOOMBERG 7:43 AM EDT
Harley-Davidson Inc. cut its forecast for profit margin this year, adding to its predictions of damage done by President Donald Trumps trade war.
The president attacked the iconic American company, claiming it was using the levies as an excuse to send jobs overseas. Already, Harley had announced plans to close a factory in Missouri and build one in Thailand.
The EU tariffs, which came in retaliation to Trumps steel and aluminum levies, will cost about $2,200 per motorcycle shipped to Harleys second-biggest market, the company estimated in a June 25 filing.
The president attacked the iconic American company, claiming it was using the levies as an excuse to send jobs overseas. Already, Harley had announced plans to close a factory in Missouri and build one in Thailand.
The EU tariffs, which came in retaliation to Trumps steel and aluminum levies, will cost about $2,200 per motorcycle shipped to Harleys second-biggest market, the company estimated in a June 25 filing.
http://time.com/5346905/harley-davidson-trump-profit-earnings/?utm_source=reddit.com
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Harley-Davidson Predicts Trump's Trade War Will Cost It Big Time (Original Post)
workinclasszero
Jul 2018
OP
Stuart G
(38,410 posts)1. Do you suppose that Trump will take "responsibility" for the "Trade War" ?
And if Harley's profits dive, or if the company has "no profit" do you suppose Trump will take responsibility for that?
workinclasszero
(28,270 posts)2. No
Shit45 has already called out HD as an enemy.
The deplorables need to burn their 20000 dollar plus hogs on YouTube now.
louis-t
(23,266 posts)3. But they're good sports and all.
The laid off employees will understand and vote for orange turd once more.
workinclasszero
(28,270 posts)4. Sadly
it wouldnt surprise me.
Jim Jones cult members forced their own children to drink the poison kool aid.
Trumps deplorable true believers are the same types.
moondust
(19,956 posts)5. Tariff bailouts for everybody!!!
On the House!!!!