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3 ways Trump undermines himself on trade

Market Watch
3 ways Trump undermines himself on trade

WASHINGTON (Project Syndicate) — President Donald Trump recently launched a tirade against Harley-Davidson, the iconic American manufacturer of motorcycles. The cause of his outburst — accompanied by threats to impose taxes “like never before” on the company — was the news that Harley plans to invest in new manufacturing operations outside of the United States. The company’s reasoning is straightforward and compelling. Trump has threatened to raise tariffs on imports from Europe, and some of those higher duties are already in place. The Europeans, in response, are imposing higher tariffs on imports from the U.S., such as motorcycles (as well as bourbon, orange juice, and playing cards). Harley-Davidson