Harley-Davidson to move some motorcycle production out of U.S. in big Trump-tariff fail

[Ted Frazier]

Trump's tariffs have resulted in European retaliation against (among others) Harley-Davidson, which is feeling stung by the move and it now plans to shift production overseas. Layoffs and/or US plant closures are likely.

Silly me, I thought Making America Great Again was the opposite of bringing jobs overseas.

The good news is that Trump will probably cave and backtrack on his tariffs in the near future, while pretending to have gotten some sort kick-ass deal with the rest of the world.
Harley-Davidson to move some motorcycle production out of U.S. after EU tariffs

 

[shockedcanadian]

So then you shouldn't shed a tear when a BMW or Mercedes costs 20% more.

The EU are trade abusers. To them free trade means "free money for us"

 

[L.K.Eder]

So then you shouldn't shed a tear when a BMW or Mercedes costs 20% more.

The EU are trade abusers. To them free trade means "free money for us"

bullshit, you terminal moron.

 

[WaitingFor2020]

Remember when Trump said he was going to help Harley Davidson in 2017?
Trump Welcomes Harley-Davidson in Latest White House Session

Well, that's backfired because of the trade war he's started.

"Harley-Davidson said on Monday that European Union tariffs on its motorcycles had increased to 31 percent, from 6 percent. It estimated that the higher tariffs would add about $2,200 on average to every motorcycle exported from the United States to the bloc, so it said it would move the production of bikes bound for Europe outside the United States."""""

Harley-Davidson to Move Some Production From U.S. Because of E.U. Tariffs

 

[WaitingFor2020]

Everything Trump touches dies.

 

[Billy_Kinetta]

Harley sales in the United States have been low for some time. Motorcycles, after all, exude toxic masculinity.

 

[OldLady]

Remember when Trump said he was going to help Harley Davidson in 2017?
Trump Welcomes Harley-Davidson in Latest White House Session

Well, that's backfired because of the trade war he's started.

"Harley-Davidson said on Monday that European Union tariffs on its motorcycles had increased to 31 percent, from 6 percent. It estimated that the higher tariffs would add about $2,200 on average to every motorcycle exported from the United States to the bloc, so it said it would move the production of bikes bound for Europe outside the United States."""""

Harley-Davidson to Move Some Production From U.S. Because of E.U. Tariffs

Ooops. But maybe in the long run, the big picture, it will be worth it? I hear Germany "caved" on its cars? I'm no economics expert, but this is Trump's strategy.

 

[Natural Citizen]

Indian.

That is all.

 

[Brain357]

Everyone loses in a trade war.

 

[WaitingFor2020]

Harley sales in the United States have been low for some time. Motorcycles, after all, exude toxic masculinity.

ANd guess what, idiot? Trump has made it even WORSE for Harley Davidson.

 

[koshergrl]

Look at the morons writhe because companies that have been exploiting the US to cover their own bad business practices are taking their toys and going home.

 

[pismoe]

Harley has been building bikes overseas for years .

 

[Taz]

So then you shouldn't shed a tear when a BMW or Mercedes costs 20% more.

The EU are trade abusers. To them free trade means "free money for us"

Not trade abusers, Americans want to buy more stuff that other people make than what Americans make themselves. Now you want to block that, instead of trying to compete. Good luck, you fucking communist.

 

[Brain357]

So then you shouldn't shed a tear when a BMW or Mercedes costs 20% more.

The EU are trade abusers. To them free trade means "free money for us"

Not trade abusers, Americans want to buy more stuff that other people make than what Americans make themselves. Now you want to block that, instead of trying to compete. Good luck, you fucking communist.

Yes if we made better cars imports would decrease... that is capitalism.

 

[McRocket]

'President Donald Trump's trade policy is backfiring on Harley-Davidson.
The company is shifting some production of motorcycles for European customers out of the United States to avoid EU retaliatory tariffs.


It's some of the most direct evidence yet that tit-for-tat trade fights between the United States and other countries have consequences for American companies. Harley-Davidson said it stood to lose as much as $100 million a year.


"Increasing international production to alleviate the EU tariff burden is not the company's preference, but represents the only sustainable option," Harley-Davidson said in a regulatory filing on Monday.

The EU began imposing tariffs Friday on $3.2 billion worth of American goods, including motorcycles, orange juice, bourbon, peanut butter, motorboats, cigarettes and denim. They are a response to the Trump administration's tariffs on steel and aluminum imports from Europe.


For motorcycles, the EU raised its 6% tariff to 31%. That will make each bike about $2,200 more expensive to export, Harley said.

Harley is not raising bike prices for customers or retailers.'

Harley-Davidson will move some production out of US after retaliatory tariffs


That sucks. Not sure if I want a Harley that is not built in America.

 

[August West]

MAGA y`all.
Harley, stung by tariffs, shifts some production overseas

 

[L.K.Eder]

So then you shouldn't shed a tear when a BMW or Mercedes costs 20% more.

The EU are trade abusers. To them free trade means "free money for us"

Not trade abusers, Americans want to buy more stuff that other people make than what Americans make themselves. Now you want to block that, instead of trying to compete. Good luck, you fucking communist.

Yes if we made better cars imports would decrease... that is capitalism.

And if US car companies built cars that were in demand in the EU, maybe they could sell some.

Lol.

 

[OldLady]

Everyone loses in a trade war.

It's a tax on us, and it's sounding like a big one. Good thing we got that tax cut first, huh?

 

[Brain357]

Everyone loses in a trade war.

It's a tax on us, and it's sounding like a big one. Good thing we got that tax cut first, huh?

This seems to be one of the ways we are paying for those huge Corp tax cuts.

 

[TheOldSchool]

So then you shouldn't shed a tear when a BMW or Mercedes costs 20% more.

The EU are trade abusers. To them free trade means "free money for us"

Not trade abusers, Americans want to buy more stuff that other people make than what Americans make themselves. Now you want to block that, instead of trying to compete. Good luck, you fucking communist.

Yes if we made better cars imports would decrease... that is capitalism.

And if US car companies built cars that were in demand in the EU, maybe they could sell some.

Lol.

Ford doesn't even make cars anymore. No market in Europe for them.