Harley Davidson, Ford, then GM. What other American company will Trump's disastrous tariffs hurt next?
Harley Davidson, Ford, then GM. What other American company will Trump's disastrous tariffs hurt next?
First, they didn't move out. They're doing what they always do; shift operations around, out, back, etc.
Second, China has had tariffs for decades as have other nations.
That is not acceptable to our producers and there will clearly be some upheaval and turmoil in fixing it.
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I guess you think that it would be better for those companies to keep building things people don't want to buy, go broke and then need to be bailed out by the government. A lot of us understand that companies stay in business by adapting to changing market conditions and that sometimes means shutting down money losing operations.
They already hurt many farmers
- Why does Trump hate American car company Ford so much? Ford can't build 1 Billion dollar plant in Mexico and possibly now European car companies will win bids instead.
- Instead of Tariffs, should Donny just talk to his wall Street buddies at GM and Ford and Chrysler, well.not Chrysler, it's a German Company? That just got sold to the Italians, but talk to them and ask them nicely to stop sending jobs to Mexico, for lower wages and bigger Bonuses, and keep the jobs in America and pay a good living wage to all, even if it hurts them a little? Just sayin… You know… Ask the CEO's to be PATRIOTS for a change? And #MAGA?
- Ford Prepares for Mass Layoffs After Losing $1B to Trump's Tariffs. Is Trump purposely doing this because Obama saved the auto industry? Or is Donald Trump really this incompetent? http://fortune.com/2018/10/09/ford-stock-today-layoffs-trump-trade-tariffs/
- Will Ford move production of the Harley Davidson F150 overseas now that Trumps trade war has forced HD to move their production overseas? Bonus question: Did Trump the negotiating super genius fail to see problems for American manufacturers like the ones he created for Harley?