Trump Praises Boycott

Hypocrisy Abounds

Wisconsin Governor Objects

Welcome Harley Riders

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War With Harley Divides Bikers

The New York Times reports Trump’s War With Harley-Davidson Has Divided America’s Bikers.

Half-Million Riders

The video is interesting. Some hardcore bikers and founders of the "Fat Bastards" claim this will be their last Harley and they will buy something else next time.

“I’m riding my last Harley,” said Mr. Rathbun, 67, a retired truck driver whose bike rally essentials included a steel knife nestled in his belt, a saddle bag stuffed with a Ruger pistol and a small bottle of Jack Daniel’s cinnamon whiskey. “It was American made, and that’s why we stood behind them.”

What are they going to buy?

American Made? Really?

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Misinformation

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For the full interview, please see Harley-Davidson CEO Pushes Back on Political Criticism in Internal Memo.

Dealership View

In View From the Dealerships, George Gatto, who owns two Harley-Davidson dealerships in the Pittsburgh area, discusses how consumers have responded to Harley-Davidson's plans to shift some production overseas.

Gatto says there is no reaction from customers. Color me unsurprised.

Fat Bastard Hypocrites

Trump tariffs would have cost Harley $9 million a month.

What would the Fat Bastards have done if they owned Harley?

They would have done just what Harley did: Start assembling motorcycles in the EU.

No Deal

Please see Trump's Lies Won't Make Farmers Great Again: There Was No Deal on Agriculture.

And consider my follow-up Hey Mr. Juncker, About That Bean Order?

Business is business: Trump Tariffs Crush Small Businesses: "We Are at the Limit", Optimism Sinks

Trump is to blame, not Harley.

Reader Comment

The only competition for Harley is foreign manufacturers that completely build their bikes abroad. So he is effectively sacrificing an American firm to its foreign competitors.

This simply makes the point that if you announce something that embarrasses Trump, he’ll come after you, no matter whether or not it advances his policy objectives.

Mike "Mish" Shedlock

Car Dealers Make More Profit On Loans Than Selling Cars

A third of auto loans in 2019 had a term period over six years. People cannot afford the cars they are buying.

Commodity Reaction to Trump's Tariffs: Gold Up, Everything Else Down

Gold reversed strongly and bond yields continued to plunge when Trump announced a 10% hike in tariffs on China.

Trade Reactions

Foreign trade reactions are pouring in. Here's a summary of the top replies from foreign officials.

Trump Says Dollar is Too Strong Because People Have Confidence in Him: Let’ Fact Check

Today president Trump both praised and blamed himself for the strong dollar.

Total Collapse of the People's Vote Campaign

The anti-Brexit People's Vote campaign has disintegrated in to an open feud among 9 sub-groups.

Expect Big Discounts: Car Dealers Complain "We're Full"

After a long sales boom, dealers are struggling to sell cars.

Oh No! We are Running Out of People

Barring a recession, it appears the US is running out of people. We aren't. The chart is misleading.

Thousands of Desperate People Flood Food Bank Lines

People wait in their cars Thursday at Traders Village for the San Antonio Food Bank to begin food distribution.

Make American Steel Great Again Backfires In Trump Lawsuit

JSW Steel had nothing but praise for Trump's steel tariffs. Now the company has filed a lawsuit against the Trump admin.