Monday, June 25, 2018

Trump's Trade War Causing Harley-Davidson to Move Some Production Out of the United States

And the economic distortions of Trump's trade war continues.

Harley-Davidson will move the production of motorcycles bound for European countries out of the United States, citing rising costs from European Union tariffs on their products  which were implemented in retaliation to Trump's tariffs.

The EU announced earlier this month that it would impose retaliatory tariffs on a range of U.S. goods in July, including motorcycles.

The measures came in response to Trump’s steep tariffs on imported aluminum and steel from the EU, Canada and Mexico.


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