Harley-Davidson Predicts Trump's Trade War Will Cost It Big Time

[workinclasszero]

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 Trump’s 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 Trump’s steel and aluminum levies, will cost about $2,200 per motorcycle shipped to Harley’s second-biggest market, the company estimated in a June 25 filing.

http://time.com/5346905/harley-davidson-trump-profit-earnings/?utm_source=reddit.com

[Stuart G]

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]

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]

3. But they're good sports and all.

The laid off employees will understand and vote for orange turd once more.

[workinclasszero]

4. Sadly

it wouldn’t 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]

5. Tariff bailouts for everybody!!!

On the House!!!!