ADVERTISEMENT

Harley-Davidson moves work offshore to limit blow from Trump’s trade war

dherd

Platinum Buffalo
Feb 23, 2007
11,203
556
113
Mr. Trump hosted Harley-Davidson executives at the White House in February 2017, where he called the firm a “true American icon” and thanked it “for building things in America.”
If Trump’s trade policies are leading an iconic company like Harley-Davidson to move production out of the United States, then who exactly is benefiting?” Alden said. “This will pose a real challenge to the president’s core claim that his policies will lead companies to build more things in the U.S.”

Mid-Continent Nail of Poplar Bluff, Mo., the largest U.S. nail manufacturer, cut 60 jobs on June 15 and plans to lay off an additional 200 workers in a few days, citing plummeting sales following the imposition of Trump’s metals tariffs. The company said it may not survive past Labor Day if it doesn’t get relief from the tariffs.

“It’s not just us. There will be many, many companies that will pay a price for this,” said George Skarich, vice president of sales and marketing. “I’m disappointed in Trump. We didn’t see this coming.”

“The Chinese get a pass and we pay a price,” said Skarich. “Trump ran on jobs and making America great again, but he is making a decision that may help big steel, but it hurts downstream businesses like ours who employ a heck of a lot more people than steel does.”

merlin_140228847_32464c26-ddef-4f24-850b-6abc008b81b7-articleLarge.jpg


President Trump and Vice President Pence meet with Harley-Davidson executives and union representatives on the South Lawn of the White House in Washington on Thursday, Feb. 2, 2017. (Photo by Jabin Botsford/The Washington Post)

https://www.washingtonpost.com/news...from-trumps-trade-war/?utm_term=.466fdaff774b

https://www.nytimes.com/2018/06/25/business/harley-davidson-us-eu-tariffs.html
 
ADVERTISEMENT
ADVERTISEMENT