trade war with the EUEuropean retaliatory tariffsTrump's penalties on imported steel andaluminum
|“To address the substantial cost of thistariff burden long-term, Harley-Davidson will be implementing aplan to shift production of motorcycles for EU destinations fromthe U.S. to its international facilities to avoid the tariffburden,” the company said.
|White House press secretary SarahHuckabee Sanders downplayed the announcement earlier Monday, sayingTrump's “trade and economic policies have been a huge benefit tothe American economy.
|“The European Union is attempting topunish U.S. workers with unfair and discriminatory trade policies,and President Trump will continue to push for free, fair, andreciprocal trade in hopes that the EU will join is in that,”Sanders told reporters at the White House.
|From: Bloomberg
|Copyright 2018 Bloomberg. All rightsreserved. This material may not be published, broadcast, rewritten,or redistributed.
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