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Harley Davidson BENDS THE KNEE, bringing 950 jobs back to America after tariffs

https://www.cnbc.com/2018/06/25/harley-davidson-says-it-will...
talking violet puppy
  06/25/18
Wisconsin factory workers rejoicing
Garnet Casino Ratface
  06/25/18
haha. serves them right.
Cobalt big idiot theater stage
  06/25/18
oh no how will boomers get to the East Hampton Citarella fro...
Lascivious wagecucks masturbator
  06/25/18
...
Trip hateful piazza ape
  06/25/18
http://www.latimes.com/resizer/EU4Tmz3ay6o7S4YAj9aoAPfi_vk=/...
slap-happy nursing home
  06/25/18
looks fun actually
dark mad cow disease office
  06/25/18
...
Amethyst Hunting Ground
  06/26/18
...
Lemon aggressive sanctuary
  11/27/18
...
walnut faggot firefighter
  06/26/18
Increasing international production to alleviate the EU tari...
Cerise locus
  06/25/18
shut up turd
talking violet puppy
  06/25/18
TOO | MUCH | WINNING
talking violet puppy
  11/27/18


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Date: June 25th, 2018 11:09 AM
Author: talking violet puppy

https://www.cnbc.com/2018/06/25/harley-davidson-says-it-will-not-raise-prices-to-cover-eu-tariff-cost.html

Harley-Davidson, stung by tariffs, shifts some production overseas

Harley-Davidson, up against spiraling costs from tariffs, will begin shifting the production of motorcycles headed for Europe from the U.S. to factories overseas.

Company shares slumped almost 3 percent before the opening bell on Monday. Other companies heavily reliant on aluminum and steel fell as well.

Published 3 Hours Ago Updated 2 Hours Ago

The Associated Press

The Harley-Davidson Sportster 1200 Custom. Harley won't raise prices due to EU tariffs

3 Hours Ago | 00:37

Harley-Davidson, up against spiraling costs from tariffs, will begin shifting the production of motorcycles headed for Europe from the U.S. to factories overseas.

The European Union on Friday began rolling out tariffs on American imports like bourbon, peanut butter and orange juice. The EU tariffs on $3.4 billion worth of U.S. products are retaliation for duties the Trump administration is imposing on European steel and aluminum.

Harley-Davidson sold almost 40,000 motorcycles in the Europe Union last year, generating revenue second only to the United States, according to the company.

The maker of the iconic American motorcycle said in a regulatory filing Monday that EU tariffs on its motorcycles exported from the U.S. jumped between 6 percent and 31 percent. The company said it expects the tariffs will result in an incremental cost of about $2,200 per average motorcycle exported from the U.S. to the EU.

"Harley-Davidson maintains a strong commitment to U.S.-based manufacturing which is valued by riders globally," the company said in prepared remarks. "Increasing international production to alleviate the EU tariff burden is not the company's preference, but represents the only sustainable option to make its motorcycles accessible to customers in the EU and maintain a viable business in Europe. Europe is a critical market for Harley-Davidson."

The company said that it will not raise its prices to avert "an immediate and lasting detrimental impact" on sales in Europe. Harley will instead absorb a significant amount of the cost in the near term. It anticipates the cost for the rest of the year to be approximately $30 million to $45 million.

Company shares slumped almost 3 percent before the opening bell on Monday. Other companies heavily reliant on aluminum and steel fell as well.

Harley-Davidson said that shifting targeted production from the U.S. to international facilities could take at least nine to 18 months to be completed.

On Monday, the vice president of the European Union's governing body said that Europe and China will form a group aimed at updating global trade rules to address technology policy, government subsidies and other emerging complaints in a bid to preserve support for international commerce.

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European Commission Vice President Jyrki Katainen said unilateral action by U.S. President Donald Trump in disputes over steel, China's technology policy and other issues highlighted the need to modernize the World Trade Organization to reflect developments in the world economy.

The Wall Street Journal reported that the Trump administration plans to impose curbs on Chinese investment in American technology companies and high-tech exports to China.

(http://www.autoadmit.com/thread.php?thread_id=4009793&forum_id=2#36305531)



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Date: June 25th, 2018 11:10 AM
Author: Garnet Casino Ratface

Wisconsin factory workers rejoicing

(http://www.autoadmit.com/thread.php?thread_id=4009793&forum_id=2#36305537)



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Date: June 25th, 2018 5:55 PM
Author: Cobalt big idiot theater stage

haha. serves them right.

(http://www.autoadmit.com/thread.php?thread_id=4009793&forum_id=2#36308069)



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Date: June 25th, 2018 11:11 AM
Author: Lascivious wagecucks masturbator

oh no how will boomers get to the East Hampton Citarella from their beach houses 1/2 mile away now

(http://www.autoadmit.com/thread.php?thread_id=4009793&forum_id=2#36305546)



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Date: June 25th, 2018 11:16 AM
Author: Trip hateful piazza ape



(http://www.autoadmit.com/thread.php?thread_id=4009793&forum_id=2#36305560)



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Date: June 25th, 2018 11:18 AM
Author: slap-happy nursing home

http://www.latimes.com/resizer/EU4Tmz3ay6o7S4YAj9aoAPfi_vk=/1400x0/www.trbimg.com/img-5b21412a/turbine/la-1528906022-oep9zoc1ym-snap-image

(http://www.autoadmit.com/thread.php?thread_id=4009793&forum_id=2#36305561)



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Date: June 25th, 2018 11:18 AM
Author: dark mad cow disease office

looks fun actually

(http://www.autoadmit.com/thread.php?thread_id=4009793&forum_id=2#36305563)



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Date: June 26th, 2018 12:20 AM
Author: Amethyst Hunting Ground



(http://www.autoadmit.com/thread.php?thread_id=4009793&forum_id=2#36310157)



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Date: November 27th, 2018 10:34 AM
Author: Lemon aggressive sanctuary



(http://www.autoadmit.com/thread.php?thread_id=4009793&forum_id=2#37308192)



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Date: June 26th, 2018 12:22 AM
Author: walnut faggot firefighter



(http://www.autoadmit.com/thread.php?thread_id=4009793&forum_id=2#36310162)



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Date: June 25th, 2018 6:01 PM
Author: Cerise locus

Increasing international production to alleviate the EU tariff burden

Lol its in India lol

(http://www.autoadmit.com/thread.php?thread_id=4009793&forum_id=2#36308105)



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Date: June 25th, 2018 9:37 PM
Author: talking violet puppy

shut up turd

(http://www.autoadmit.com/thread.php?thread_id=4009793&forum_id=2#36309295)



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Date: November 27th, 2018 10:33 AM
Author: talking violet puppy

TOO | MUCH | WINNING

(http://www.autoadmit.com/thread.php?thread_id=4009793&forum_id=2#37308183)