Harley's overseas plans analyzed

Wednesday, June 27, 2018
 | 
Chris Woodward (OneNewsNow.com)

Hog Ride motorcycleLots of folks are getting revved up over the issue of tariffs – and one analyst says what President Trump has done in that regard really runs counter to all he's accomplished in the economy.

Harley Davidson stated this week that it will shift some of its production overseas as a way of avoiding recently announced tariffs from the European Union on various U.S. goods including motorcycles. The EU's tariffs are in retaliation for the Trump administration's tariffs on steel and aluminum.

"They send Mercedes and BMWs [and] we tax them practically nothing," the president told supporters at a rally this week in South Carolina, home to Boeing and BMW plants. "We can't send our cars – and if we do, they charge many, many times the tax that we stupidly don't charge. So I told them: Here's what we're going to do: We're going to charge a tariff on steel until such time as you straighten out your act."

Tori Whiting of The Heritage Foundation thinks the way the administration is going with its trade policy is really counter to the rest of its economic policy, which she describes as incredibly pro-growth and has really prioritized making America a great place to do business.

Whiting

"Their trade policies don't help America become a great place to do business because it not only puts additional costs on businesses that operate here in the United States that either want to import parts or semi-finished goods, but it also is causing problems for the markets of those goods that they do make here in the United States," she explains.

"So that's part of the reason why you see Harley-Davidson making the decisions that they did to move part of their production to the market where they actually want to sell that product."

Still, the president has tweeted that Harley is using this as an excuse to move production overseas, adding the company announced early this year that it planned to move production from Kansas City to Thailand. The president went on to say that no Harley should ever be built outside the United States, warning the company will pay heavily for something he says "has upset customers and employees."

Comments

We moderate all reader comments, usually within 24 hours of posting (longer on weekends). Please limit your comment to 300 words or less and ensure it addresses the article - NOT another reader's comments. Comments that contain a link (URL), an inordinate number of words in ALL CAPS, rude remarks directed at other readers, or profanity/vulgarity will not be approved. More details

SIGN UP FOR OUR DAILY NEWSBRIEF

SUBSCRIBE

VOTE IN OUR POLL

What do you think of some Democrats' proposal to do away with U.S. Immigration & Customs Enforcement (ICE)?

CAST YOUR VOTE

GET PUSH NOTIFICATIONS

SUBSCRIBE

LATEST AP HEADLINES

French police suicide rate climbs, French govt is flummoxed
Islamic State claims bombing at Kabul wedding that killed 63
Leaked UK memos warn of food, drug shortages in Brexit chaos
Arrests and shields, metal poles seized at Portland protests
New York City subway scare suspect taken into police custody
Hong Kong’s divide: 1 protest for democracy, 1 for China
Signs of recession worry Trump ahead of 2020

LATEST FROM THE WEB

Rep. Dan Crenshaw rips Antifa demonstrators, blasts Portland protests as ‘sad showing’
Tens of thousands flood Hong Kong park for latest rally
Colorblind firefighter had one wish, to see the American Flag, and his fellow heroes made it happen
Leaked transcripts reveal how NY Times leadership plans to craft Trump-racism narrative
Suspect accused of shooting 6 Philadelphia cops during standoff charged with attempted murder

CARTOON OF THE DAY

Cartoon of the Day
NEXT STORY
EU's payback on tariffs were expected – and intentional

U.S. and E.U. flagsEurope is making it official today in announcing retaliatory tariffs on some specific U.S. products.