Winning! Harley Davidson Moving Jobs Out of USA

a reply to: Phage

They sure aren't appealing to their current market.
www.revzilla.com...
www.usatoday.com...

a reply to: JinMI

Yeah. And a cost increase of $2,200/unit probably won't increase their European market.

Harley's international sales were up 0.2% in the quarter, with the strongest growth in Latin America, Europe, the Middle East and Africa, offset by declines in Asia and Canada.

So it would seem to be more about that than trying to appeal to any US political concerns.

a reply to: Phage

So it would seem to be more about that than trying to appeal to any political concerns.

Not from the way I inferred the statement.

a reply to: JinMI

It's seemed to be a statement of fact.

EU tariffs are going to mean that hogs are going to cost $2,200 more in europe if they are built in the US. So, don't build them in the US.

Pragmatic, not political. Even Trump should understand that.

a reply to: soberbacchus

His natural habitat is being in debt.

originally posted by: Abysha
a reply to: soberbacchus

His natural habitat is being in debt.

Perhaps he wants another recession to boost his property portfolio

Had to laugh about that comment of China's Xi:

“In the West you have the notion that if somebody hits you on the left cheek, you turn the other cheek,” the report said quoting Chinese leader as saying. “In our culture we punch back.”

Easy to win trade wars, huh, Donald of all Donalds???

Which crops? Because corn, wheat and soy beans are subsidised. Its a complicated issue. There must be an economist on here to explain it wll minus the emotion.

a reply to: Gryphon66

originally posted by: Abysha
a reply to: soberbacchus

His natural habitat is being in debt.

Cash rots. Debt can be a bootstrap for a capital stack.

Wealthy people carry a balance sheet....debt is weighed in accordingly with liabilities against revenue amd assets.

originally posted by: SonofaSkunk
The OP might want to get the facts. Harleys destined for foreign countries have been made overseas for years. Nothing new here.

So have American cars. The reason why so few American cars are imported overseas is because they are too big and do not meet European pollution and gas mileage standards. American firms like Ford manufacture cars in Europe tailored for the European demand. Relaxing mileage standard will insure that even fewer autos manufactured here will end up abroad. Frankly, Trump shows no indication that he understands how the economy works.

a reply to: SonofaSkunk

The OP might want to get the facts. Harleys destined for foreign countries have been made overseas for years. Nothing new here.

My cousin bought one of those made in Brazil back in the day . It was a piece of junk but he smiled and said yea but its a Harley .

originally posted by: SprocketUK
Colour me cynical, but Harley (and other companies) have been outsourcing like this for years.
Trump is just an excuse to move to where labour is cheaper and regulations less onerous for employers.

Speaking of excuses, wasn't a pillar of trump's Nationalist appeal that he was going to cease and reverse outsourcing of American Jobs? Wasn't Harley Davidson a precise example he chose? Had the execs to the Whitehouse, had a big news conference explaining how things were going to change "bigly" for them?

originally posted by: lakenheath24
Which crops? Because corn, wheat and soy beans are subsidised. Its a complicated issue. There must be an economist on here to explain it wll minus the emotion.

a reply to: Gryphon66

The Farm Bill just passed in congress.

Yes, Agriculture is subsidized in the USA. Yes, it should be. Having a native food supply is a critical security issue. America will always need farmers.

The farm bill does not account for Trump's Trade war. For example, Iowan farmers will lose over a Billion this year in Pork and Soybeans if it continues. They have already lost over 500 million.

If next year we pass a farm bill to account for the trade war losses, then the American taxpayer is simply funding Trump's incompetence and ignorance and it will be expensive.

originally posted by: bigfatfurrytexan

originally posted by: Abysha
a reply to: soberbacchus

His natural habitat is being in debt.

Cash rots. Debt can be a bootstrap for a capital stack.

Debt is a virtue!
Debt is good!

Surreal and enlightening to watch conservatives deride the very pillars of their own platform from just a scant 48 months ago.

Alas, what Trump has taken away from his supporters.

Trump has a method to his madness. Imposing tariffs is just a tax. He needs to make up for billions of dollars in tax cuts but if he increased taxes his supporters would scream bloody murder. It is win win for him as his government gets revenue, meanwhile his supporters stand tall with their hands across their hearts and exclaim, 'America first'. Meanwhile a ton of goods are going to cost more for everyone in America. Once a 25% tariff is imported on Chinese goods, 'Dollar Tree' should change their name to 'Buck'n'a'quarter Tree'. ;-) (And Yes I know Dollar Tree buys wholesale so there won't be a 25% increase on retail prices, but I am just trying to throw in some humor)

a reply to: soberbacchus

Ummm, there is good and bad debt. Like selling bonds....or packaging bad mortgage debt into an AA rated product. One is good, one is bad.


Also, I ain't gonna lie, I don't know crap about how tariffs affect things in the whole grand scheme of things. BUT, it seems Trump is carrying on Bush and Obama's steel tariffs. If Obama's tariff didn't work, I wonder how Trumps will?
www.businessinsider.com...

Anyway, whats the difference between the US putting protectionist measures on wheat/soy beans, etc. to protect farmers, and say tariffs on steel to protect American steel workers.



But, that is going off topic. Back to the OP, American companies have repatriated over $300 billion so far this year. And Apple is investing $350 billion. Again, good, bad , or ugly....we will have to wait awhile to see.

originally posted by: lakenheath24
a reply to: soberbacchus

But, that is going off topic. Back to the OP, American companies have repatriated over $300 billion so far this year. And Apple is investing $350 billion. Again, good, bad , or ugly....we will have to wait awhile to see.

"repatriated" money does not mean jobs.
Just like the wall street bailout funds never created jobs, just got funneled to Corporations and wealthy.

Trickle-down is a hoax. The first time it was sold to American Taxpayers was in the 1800's when it was called "Horse and Sparrow" economic policy. Feed the horse enough oats and the sparrows can pick some oats out of the horse manure left behind on the road.

a reply to: soberbacchus

So when say, Harley D builds a new plant in X city, and invests millions of dollars hiring people....that is is a hoax? When that investment extends to suppliers, and the local community through new people moving in...those new property taxes and income taxes are a hoax? The groceries that the new people buy are a hoax? That school extension from the new tax base is a hoax?


Is that a joke.

a reply to: soberbacchus

Yep.
With his methods though, we might see a trend in which things are made in the same country they are sold in.

So...no more foreign made vehicles sold on a par with us made ones.

Could be good, could be bad.

Things needed to change though.

originally posted by: lakenheath24
a reply to: soberbacchus

So when say, Harley D builds a new plant in X city, and invests millions of dollars hiring people....that is is a hoax?

You did not say that? At least in the post I responded to?
I clearly said that the premise that repatriated money translates to US Jobs is a hoax.
That has been clearly proven to go to share buybacks and executive bonuses.

When that investment extends to suppliers, and the local community through new people moving in...those new property taxes and income taxes are a hoax?

Keyword "investment".

Whether to invest in expansion and hiring is a completely different decision matrix than receiving money.

If investment is warranted, a company will always invest. If it is warranted with high potential returns, they will always have the funds either in hand or via partner investors. Simply giving a corporation or individual money is a separate paradigm. That has been demonstrated consistently for centuries.