• Trump threatens Harley-Davidson with a 'big tax' if they move out of the US

    4 monthes ago - By Business Insider

    President Donald Trump threatened motorcycle maker Harley-Davidson with a big tax hit if it moved its manufacturing Thailand.
    He also accused them of using the tariffs as an excuse to leave the US.
    But Harley actually started its Thailand factory as a result of another Trump policy - his withdrawal from the Trans-Pacific Partnership.
    President Donald Trump has threatened motorcycle maker Harley-Davidson with a big tax hit if it moves its manufacturing to Thailand, while also accusing them of using new trade tariffs as an excuse to leave the US.
    "Early this year Harley-Davidson said they...
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  • UBS: Trump's trade war is trying to take us back to the 1800s - but Harley Davidson has proved it won't work

    UBS: Trump's trade war is trying to take us back to the 1800s - but Harley Davidson has proved it won't work

    4 monthes ago - By Business Insider

    UBS Wealth Management chief economist Paul Donovan says Trump's trade war is reminiscent of the 19th century.
    In a globalised world, tariffs are ineffective, Donovan told clients on Tuesday.
    He cited the example of Harley Davidson's announcement that it is moving production out of the USA.
    The escalating trade war spearheaded by President Donald Trump is reminiscent of the 1800s, according to a senior figure at Swiss bank UBS.
    Speaking to clients in a daily audio update, UBS Wealth Management's chief economist Paul Donovan described the tariffs imposed by the Trump administration on the EU...
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  • Trump's tariffs likely to fail under global anger - Nobel Prize-winning economist

    Trump's tariffs likely to fail under global anger - Nobel Prize-winning economist

    4 monthes ago - By RT

    Corporate tax cuts introduced by US President Donald Trump earlier this year might remain, but tariffs against trading partners are likely to be a different story, according to Nobel Laureate in Economics Robert Shiller.
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