HOG - Harley Davidson Q1 Report Shows 27% Loss: Trump Blames EU Tariffs
The Harley Davidson Q1 report was released earlier today, showing a worrisome decline of 27% in profits for the quarter for Harley-Davidson (NYSE:HOG). Now, President Trump is showing his support for the company despite calling for a boycott against it last year.
Harley Davidson Q1 ReportIn late 2018, Harley Davidson announced plans to move some of its operations overseas to avoid EU tariffs. These tariffs were imposed in retaliation to the duties Trump placed on aluminum and steel imports.
The move overseas caused Trump to call for a boycott, incensed that the company ...
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