Jun 26, 2018
Donald Trump’s trade war has been an abstraction for most Americans so far, but the retaliation has now begun in earnest and the casualties are starting to mount. The President’s beloved stock market took another header Monday on news of more restrictions on investment into the U.S., and the Dow Jones Industrial Average is now down for 2018. But the biggest losers Monday were the American workers who make Harley-Davidson motorcycles whose jobs will soon be headed overseas thanks to the Trump tariffs.
Last year Mr. Trump commended Harley-Davidson for “building things in America,” calling the company “a true American icon, one of the greats.” And he proclaimed last week at a rally in Duluth, Minnesota, “We’re bringing back our jobs from other countries.” Awkward timing, Mr. President. On Monday the motorcycle company announced it will shift more production out of the United States.
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