The Ultimate American Company is Leaving the US over Trump's Tariffs


mentalfloss
#1


‘American success story’ Harley-Davidson to shift production out of U.S. to avoid Trump’s trade war

President Donald Trump’s trade war with the European Union is undermining Harley-Davidson Inc., a manufacturer he embraced soon after taking office, by costing the company as much as US$100 million a year and spurring a shift in motorcycle production out of the U.S.

The EU’s tariffs retaliating against Trump’s steel and aluminum levies will cost Harley about US$2,200 per bike shipped to Europe, according to a Monday filing. Passing that on to dealers or customers would cause an “immediate and lasting detrimental impact” on the company’s business in its second-largest market, so it’ll bear the brunt of the expense.

While Trump has repeatedly claimed that the U.S. can win trade wars, victims are starting to pile up at home and abroad. Daimler AG warned last week that escalating tension between the U.S. and China will impair earnings its Alabama SUV plant and lower profit this year. Harley tied its higher costs to a sequence started by Trump, who praised the company as a model American manufacturer during a February 2017 meeting at the White House.

“A company that is as connected to America, and Americana, as Harley is probably going to be laying off U.S. workers in favor of foreign workers and going to be losing money as a result of this,” James Hardiman, an equity research analyst with Wedbush Securities, said by phone from New York. “There’s a lot of irony here, to put it mildly.”

http://business.financialpost.com/tr...-tariffs-2/amp
 
petros
+3
#2
Another Harley thread?

Was there something wrong with the one started daze ago?

http://forums.canadiancontent.net/ne...roduction.html

WTG shithead.
 
mentalfloss
#3
Whatabout your accidental duplicates.

 
Tecumsehsbones
+3
#4
Quote: Originally Posted by mentalfloss View Post

Whatabout your accidental duplicates.

Hi. You're a liar. Harley has been planning this move since long before the tariffs.
 
mentalfloss
#5
I write for the Financial Post.
 
Tecumsehsbones
+2
#6
Quote: Originally Posted by mentalfloss View Post

I write for the Financial Post.

One who repeats a lie partakes of it.
 
petros
+1
#7
Quote: Originally Posted by Tecumsehsbones View Post

Hi. You're a liar. Harley has been planning this move since long before the tariffs.

From 2008

https://www.hdforums.com/forum/gener...-in-china.html
 
mentalfloss
#8
Dat belligerent denial.

*snickers*
 
Ocean Breeze
Free Thinker
#9
And trump is royally pizzed off ......as per Twitter.
 
Jinentonix
No Party Affiliation
+2 / -1
#10
Quote: Originally Posted by mentalfloss View Post

Dat belligerent denial.

*snickers*

Yes, you are quite the belligerent shit, aren't you, and a liar. The decision was made by HD a FULL year before this tariff stuff. In fact, Harley has planned on consolidating production at the Kansas City plant since 2015, before Trump was even in office; when the company made the announcement, it said that it was due to slowing motorcycle sales.
Additionally, Harley-Davidson announced in 2017 that it would be opening a manufacturing plant in Thailand. However, Harley said at the time that the decision was made to better serve the burgeoning market in southeast Asia, and that the decision would not affect manufacturing in the United States.

Keep twisting facts and lying shit head. Every f*cking lie just strengthens the resolve of those you hate and proves that your ilk only trades in propaganda and half-truths.
 
DaSleeper
+2
#11
Most people only read his posts just to find out what new bullshit he's trying to spread...he hasn't been taken seriously in years except for other leftoids like him who wallow in manure.....
 
justlooking
+3 / -1
#12
Oh, flossytard butthurt crybaby caught spinning more lies ?


Meh, nothing new here. Carry on.
 
mentalfloss
#13
What lie?
 
Ocean Breeze
Free Thinker
+1 / -1
#14
Quote: Originally Posted by Jinentonix View Post

Yes, you are quite the belligerent shit, aren't you, and a liar. The decision was made by HD a FULL year before this tariff stuff. In fact, Harley has planned on consolidating production at the Kansas City plant since 2015, before Trump was even in office; when the company made the announcement, it said that it was due to slowing motorcycle sales.
Additionally, Harley-Davidson announced in 2017 that it would be opening a manufacturing plant in Thailand. However, Harley said at the time that the decision was made to better serve the burgeoning market in southeast Asia, and that the decision would not affect manufacturing in the United States.

Keep twisting facts and lying shit head. Every f*cking lie just strengthens the resolve of those you hate and proves that your ilk only trades in propaganda and half-truths.

Has CIVILITY left the building?? or just the TRumpians??

Seems that tRump 's lack of civility is rubbing off on his followers . Perhaps they are getting used to be rude, name call, used nasty language?? .....just the ay their idol does.

Is that the example folks want for their kids??
Last edited by Ocean Breeze; Jun 27th, 2018 at 12:30 AM..
 
Bar Sinister
No Party Affiliation
+1
#15
Quote: Originally Posted by Jinentonix View Post

Yes, you are quite the belligerent shit, aren't you, and a liar. The decision was made by HD a FULL year before this tariff stuff. In fact, Harley has planned on consolidating production at the Kansas City plant since 2015, before Trump was even in office; when the company made the announcement, it said that it was due to slowing motorcycle sales.
Additionally, Harley-Davidson announced in 2017 that it would be opening a manufacturing plant in Thailand. However, Harley said at the time that the decision was made to better serve the burgeoning market in southeast Asia, and that the decision would not affect manufacturing in the United States.

Keep twisting facts and lying shit head. Every f*cking lie just strengthens the resolve of those you hate and proves that your ilk only trades in propaganda and half-truths.




Maybe, but that is not what Harley-Davidson is saying. Its announcement made clear that the move to take some of its production out of the US was directly related to the EU tariffs placed on its bikes. This is, in fact exactly what the company announced. Admittedly the the original announcement was made back in January, but this appears to be on top of that.



In retaliation for the Trump administration’s duties on steel and aluminum, the European Union imposed tariffs this month on a long list of politically sensitive American exports worth $3.3 billion, including bourbon, orange juice, and, yes, motorcycles. Harley-Davidson, which is based in Wisconsin, said in an SEC filing that tariffs on its Europe-bound bikes have risen from 6 percent to 31 percent. To deal with the problem, the company said it will moving its production of goods for Europe out of the U.S. to its factories abroad over the next 9 to 18 months.


https://slate.com/business/2018/06/h...ng-abroad.html

And this is what Trump announced today. You've really got to hand it to him. He really knows how to make a bad situation worse.


Trump threatens Harley-Davidson, says leaving the US could end its iconic brand

Trump threatens Harley-Davidson with 'big tax' if it leaves US - Business Insider
 
Jinentonix
No Party Affiliation
+4
#16  Top Rated Post
Quote: Originally Posted by Ocean Breeze View Post

Has CIVILITY left the building?? or just the TRumpians??

Seems that tRump 's lack of civility is rubbing off on his followers . Perhaps they are getting used to be rude, name call, used nasty language?? .....just the ay their idol does.

Is that the example folks want for their kids??

Oh please, that flossy idiot deserves no civility. Why the f*ck should I be civil to an idiot who habitually lies and then acts like an immature idiot when he gets called on them. No surprise you'd come running to Flossy's defense though because you're part of the problem.

As for this shit:
Quote:

Perhaps they are getting used to be rude, name call, used nasty language??

Yep they are, after years of putting up with it from your poorly educated, foul-mouthed, freedom hating ilk. Funny how leftards get all self-righteous when they're "victims" of their own stupid games and tactics.
 
Hoid
+1
#17
BTW Harley is iconic but they are not and never have been the ultimate American company.

Not even the best motorcycle to be made in America
 
petros
+2
#18
I don't here any complaints about the iconic Canadian Ski-Doo being made in Mexico.
 
Curious Cdn
No Party Affiliation
#19
Quote: Originally Posted by Hoid View Post

BTW Harley is iconic but they are not and never have been the ultimate American company.

Not even the best motorcycle to be made in America

They have an intimidating exhaust note and they're popular with criminal gangs.
 
Hoid
#20
they are popular with old people.

young people laugh at them
 
Curious Cdn
No Party Affiliation
#21
Quote: Originally Posted by Hoid View Post

they are popular with old people.

young people laugh at them

Yup, and so they should. The kids like higher tech stuff, like Ninjas.
 
Hoid
+1
#22
It's a tough market for Harley right now, and maybe forever.

Trump arbitrarily increasing their sticker price in order to "engineer the economy" is the last thing they needed

 
Curious Cdn
No Party Affiliation
#23
Quote: Originally Posted by Hoid View Post

It's a tough market for Harley right now, and maybe forever.

Trump arbitrarily increasing their sticker price in order to "engineer the economy" is the last thing they needed

Harley sees the possibility of growth in other markets around the World, such as Southeast Asia, where they set up an assembly operation in Thailand.
 
lone wolf
Free Thinker
+1
#24
Quote: Originally Posted by Ocean Breeze View Post

Has CIVILITY left the building?? or just the TRumpians??

Seems that tRump 's lack of civility is rubbing off on his followers . Perhaps they are getting used to be rude, name call, used nasty language?? .....just the ay their idol does.

Is that the example folks want for their kids??

That why I said "fuggit" and left this place behind. Then came an ontario election where asking questions brought volumes of horse shyte (and in a couple of cases, threats of violence) that only solidified my growing thoughts that Conservatism, today, had become the monkey pavilion in a political zoo.
 
Hoid
#25
Quote: Originally Posted by Curious Cdn View Post

Harley sees the possibility of growth in other markets around the World, such as Southeast Asia, where they set up an assembly operation in Thailand.

They can either try to adapt or throw in the towel.

What they really needed right now is a government tax on metal. That helps them so much, because Trump is a businessman and he knows what businesses need.

MAGA
 
Danbones
Free Thinker
#26
That's just gaga...
 
petros
#27
Does anyone remember tarrifs on Jap bikes when AMF was failing?
 
Twin_Moose
Conservative
#28
Quote: Originally Posted by Hoid View Post

They can either try to adapt or throw in the towel.

What they really needed right now is a government tax on metal. That helps them so much, because Trump is a businessman and he knows what businesses need.

MAGA

No tariff on American metal
 
Tecumsehsbones
+1
#29
Quote: Originally Posted by Hoid View Post

BTW Harley is iconic but they are not and never have been the ultimate American company.

Not even the best motorcycle to be made in America

I would say the iconic American companies are Colt and Raytheon.

Maybe Glock.
 
Cliffy
Free Thinker
+1 / -1
#30


Yes, Wally, only a moron would think that idiot was a genius.