Harley-Davidson, the American motorcycle manufacturer, says it plans to move some production overseas to avoid tariffs imposed by the E.U. in response to President Trump’s trade policies. When Mr. Trump hosted Harley-Davidson executives at the White House in 2017, above, he called the company a “true American icon.”
• The trade war hits the U.S.
Harley-Davidson, the American motorcycle manufacturer, says it plans to move some production overseas to avoid tariffs imposed by the E.U. in response to President Trump’s trade policies. When Mr. Trump hosted Harley-Davidson executives at the White House in 2017, above, he called the company a “true American icon.”
The company’s decision shows how the administration’s policies could have unintended consequences. Stocks slipped on growing fears of a global race to erect trade barriers.
Our economics reporter went to Wisconsin, where dairy farmers and cheesemakers are growing anxious. “If export markets get shut off,” one said, “I could see us getting to the point where we’re dumping our milk in the fields.”