Monday, June 25, 2018

Trump's Tariffs

Harley-Davidson, up against spiraling costs from tariffs, will begin to shift the production of motorcycles headed for Europe from the U.S. to factories overseas. ... Harley-Davidson Inc. sold almost 40,000 motorcycles in the Europe Union last year, generating revenue second only to the United States, according to the Milwaukee company.
So much winning.

6 comments:

  1. HD sells almost 40% of its motorcycles outside the domestic market. With tariffs adding over $2,200 to the average sale, the production for outside the U.S. sales will be moved to plants in Brazil, India, Australia and Thailand. HD is taking a $100 million plus hit to make this move, so it won’t be reversed. HD closed a U.S. plant recently and cut their workforce by 5%, as you say, Comrade, so much winning.

    Just for fun, note that Canadian fans will get the shaft when the tariff war with Canada escalates, with delivery cost up significantly since they will the be shipped from Australia or Brazil. As it is, the cost of U.S. Hogs is going up because of the steel and aluminium tariffs!

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  2. So now he's threatening to heavily tax them if they import any non-domestically produced motorcycles back into the US.
    Not that that's all that likely to happen, seeing as how they are overstocked in the face of weak sales here, but what, exactly is he expecting them to do? Eat shit because he says so?
    Truth be told, Harley has bigger problems than Fergus, but he certainly isn't helping them any, and this after he used them as campaign fodder.
    In typical fashion, when he was through using them, he didn't think twice about screwing them.

    -Doug in Oakland

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  3. dinthebeast: "in typical fashion, when he was through using them, he didn't think twice about screwing them." If you grew up in the South you know this scam has been going on with the poor whites for 150 years and more. Of course, now we have the poor whites of America, not just the South. Angry, fearful and stupid/desperate.

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  4. I'm the only member of my immediate family who wasn't born in Ardmore, Oklahoma. I watched my father and brother do their best to grow thumbs and climb down out of the stupid tree, and I sort of admire them for that, but it took decades and I had a front row seat to it, you might say.
    My cousins, on the other hand, became chemical engineers and moved to Houston.

    -Doug in Oakland

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  5. Doug, you see OK just passed a sweeping legallization of “medical” marijuana? Think it’s a response to the opioid issue?

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  6. It's coming, even to Oklahoma, it's not if, as they say, it's when. What I remember about Oklahoma is the visits I made to family there in the seventies, and how my older brother got hit up for weed by all of my cousins and their friends because we lived in California. And that was before everyone everywhere associated Humboldt County, where we did actually live, with the cultivation of cannabis.
    My brother, of course, didn't have anything for them, knowing how bad of an idea it was to carry weed in a '63 Impala with California plates across Texas in the early seventies...

    -Doug in Oakland

    ReplyDelete

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