Trade War Casualties

In addition to US tariffs raising the cost of the steel and aluminum Harley uses to make motorcycles for Americans, TrumpTrade is driving US manufacturing jobs to Europe. Doesn’t say how many jobs will be lost, but 40,000 motorcycles a year are no longer going to be made here. Meanwhile, Harley has to eat $30 to $45 million in 2018.

Tit-for-tat going as expected. It’s all the fault of those dumb Europeans, of course.

Harley-Davidson To Move Some Production Outside US Over EU Tariffs