to do that without risking, upsetting members of the harley riding community, harley employees, harleyealers who happen to be proud trump supporters at the thought of not alienating any of those harley has to be silent secondly harley realizes given sort of the current environment out there, that anything that they do say is most likely going to incite more tweets, more angst and more noise out in the marketplace. they are handcuffed. >> i guess they saw what happened to the nfl. alan, your business is a super premium motorcycle shot. you don't specialize in any one type of motorcycle when you're doing your custom san diego and things what do you think is the future of the motorcycle business and even manufacturing in the motorcycle door in the u.s is it something more along the lines of what you're doing versus the traditional manufacturing process that we see from harley? >> i actually think that things are going towards electric i think the heritage sound and feel of a harley is important. obviously the average buyer for harley has been creeping up in age for quite some time now. i

at harley-davidson in milwaukee, 11:00 a.m. here on wall street. "squawk alley" is live ♪ ♪ >>> good morning welcome to "squawk alley." with me, sarah ice en, david farrell. the s & p is down about ten points cbs is definitely one of the underperformers today. david, you have been following this story very closely. >> we have been for a lot of months we have been following this story, in fact. got more to it now shares falling about 4%, after 6% drop friday investors weighing the potential consequences as the cbs borard set to meet later today to discuss sexual misconduct allegations against les moonves. joining us, jeff sonnenfeld. won't show the viewers your crazy notes. >> looking at my cheat sheets. it is completely legible so i don't see anything libellous. >> what are the directors thinking of ahead of the meeting and what should they be thinking about? >> one thing, there are too darn many of them 14 of them outside of banking, you don't usually see that large a collection these days. at the average days of a fortune 500 ceo is 45, average a

motorcycle, group often times, it's a harley and the sound of harley is a little different, i have tok you harley davidson. paul: that was president trump last year praising harley davidson as american icon. the president striking a decided different tone this week after the motorcycle maker announced it would move the production of europe bounds bike overseas, result of retaliatory tariffs enacted by the european union last week. tweeting tuesday that the move would be the beginning of the end of the company. joining me now is republican senator ron johnson of wisconsin, home of harley davidson's headquarters, welcome senator. so you're a businessman, you were before you got to the senate, you know what it takes to make money, what do you make of harley davidson's move of some production overseas? >> well, they are being competitive and we are facing tariffs on products into europe from 6% to 31% when they are facing raw material steel price increases because of the generalized tariffs on steel and aluminum. they can't sell their products, they are going to lose the markets, they wil

i really believe that harley's going to take -- the people that are buying harley-davidson, they don'tant it built in another country. maria: that's true. >> i know those people. they are my voters. maria: they have pride that their bike is built in america. no doubt about it. >> those are my voters they don't want harley-davidson getting cute to make $2 more. maria: these will be issues in the midterms, including immigration. is immigration and separation of families going to hurt the republicans come november? >> no. i signed an executive order that i don't want families break up. >> our first lady -- >> she's been there and out to the border twice. >> what has she told you about that? >> she came home and told me it is a very sad situation, very very sad. she was really impressed with border patrol, how professional they were. she came and said that. and she was really saddened by the plight of people, i mean, you know, she has a very big heart. this is the second time in a week and a half. she feels it. but she was so strong on how professional the border patrol, the agents, the la

i believe harley, people buying harley-davidson, they don't want it built in another country.that's true. >> they don't want it. i know those are my people. maria: they have pride, it is their bike built in america. no doubt about it. >> those are my voters. they don't want harley-davidson getting cute to make two dollars more. maria: all those issues will be in the midterm including immigration. is the pictures of separated families hurt the republicans come november? >> no. ino signed an order don't want families broken up. maria: did first lady melania encourage you? >> she been out to the border twice. maria: what did she tell you about that. >> she came home and said it was really sad. she was impressed with the border patrol, how proprofessional they were, she sadd that. and she was saddened by the plight of people. she has a very big heart. this is the second time in a week 1/2. she feels it. but, she was so strong how professional the border patrol, agents, law enforcement is along the border. she couldn't believe it. it looks like danger. meantime we have to have stro

>>. >> this year is going to be harley's fourth consecutive year of declines. they certainly need to do something different. it's not clear whether this is going to turn around their fortunes after four years of decline. the sales projections they've put out there call for about a 4% increase a year over the next five years that would be a pretty significant turn-around, and these are -- some of these bikes aren't going to be shipped for two or three years from now. it buys them some time for investors to think about how things could be two or three years out, but it's probably not going to change things in the near term for harley >> i understand that these lower priced and lighter wraet bikes are also lower margin too. they're going to have to sell an awful lot more of those to get back to a strong place of profitability and growth correct? >>. >> exactly we've already seen this when they introduced the street models they're lower priced, lighter weight bikes, and that's going to be less profitable typically, and their margins have already been coming down a

trumps turns his back on harley davidson and says his administration is working to bring other motorcycle companies to the united states. and they might be fixated on the world cup but it hasn't escaped the attention of many russians that the government's announced a pensioner for one. lots of people don't like you. this is your business update on how to humphrey in berlin glad you could join me. german chancellor angela merkel says it is time for germany to try to a virt a trade war with the united states this after terrorists from washington met by e.u. levies of it so the next step potentially tariffs on vehicles made in europe a move which would hurt car exporting germany heart take a listen now to the chancellor speaking of parliament a deescalation in the trade brinkmanship. could it but right now we're witnessing something falter which we've always considered a constant namely the role of multilateral organizations we now have tariffs on a limb in human steel and we have a far more serious issue to levies be raised on cars imported to the u.s. because of the import with all and lad

harley, for example. look at caterpillar. the earnings turn around is spectacular.nd quarter earnings for the last three years 2.97 now it was $1.49 last year look how much they have turned it around. revenues have gone up but not nearly as the issuings have improved that's why you see the spectacular chart. so we've got raised guidance a new buy back program from caterpillar. the impact from the tariffs relatively modest. there's a great move for caterpillar. the backdrop is what matters the macro backdrop and that's why the earnings are holding up so well. that's why the sectors are just fractionally from new highs here the nasdaq had a rough day on friday nasdaq about 3%. the s&p is 2.5%. everything is 2% from the historic highs, essentially. the big issue is whether or not we're seeing any kind of leadership switch. i mentioned last week the market leaders, the first half of the year the russell 2,000 and the faang stocks this is happening today. the faang stocks, david, i currently noted they're done noticeably here. apple, netflix -- you see all the declines t

harley is getting squeezed on the export side. the europeans have imposed harleys. what harley davidson has done is relocating some manufacturing to thailand, not to make motorcycles to reimport to the united states, but to sell from thailand to europe, so they get around the trump trade administration actions. they don't have to pay higher prices for steel or duties on their motorcycles to europe if they are made outside the united states. you see it every day, some company laying off workers because of higher steel prices or retaliations. host: outside of steel and aluminum, are there industries benefiting? are there regions that are benefiting from the recently apply tariffs? is crucial tom think about. there are benefits for the steel industry, and there are estimates of approximately 40,000 to 50,000 new jobs in that industry, but because it is imported for such a wide range of activities, automobile, energy, construction, the jobs throughout the u.s. economy are estimated 14 times higher than the employment gains in the industry. host: are you seeing areas out

the president has been a huge advocate of harley davidson.hink it's unfortunate they are talking about moving jobs. my sense is that this was before tariffs. i will comment specifically on china. had multiple negotiations with china and our objective is to create a level playing field for our companies to stop forced technology transfer. we put a modest amount of tariffs on china as a result of technology transfers. china reciprocated. our tariffs were less than 10% of what they ship. they match that, the dollar for dollar. the president threatened that if they did that, he would retaliate and we are in a iod on the $200 billion. are very much monitoring the impact on the economy of all these different issues. >> and want to thank you for that, but i want to get back to harley davidson, this is something that the american public really understands. they understand very much that harley davidson is a company that we would not like to see export overseas. that theof mumble tariffs had nothing to do with them moving and exporting jobs overseas.

bikes and new ways to buy harley gear.his will jump start a hundred new motorcycles to 2 million new u.s. riders. i sat down with the ceo exclusively from the milwaukee headquarters to discuss the details of this plan >> i don't want anyone to think that we're running away from our core customer and the strength that the company has today this needs to be thought of, all of that plus more. so we're going to be doubling down on existing products. we're going to invest in an all new middle weight platform which is a modular chassis and a very core engine technology to go in three dramatically different spaces. custom and street fighter. and do that with multiple models all this coming within the next two or three years and then ev is that additional component which really allows us to reach out and inspire a whole generation of people that aren't even yet thinking about freedom on two wheels. >> and what you say here is comprehensive cost reduction and allocation of resources. how does that look especially when i hear someth

why is the president surprise by harley? >> i would beg to differ.i think the tax bill encourage significant investment. >> but it did not happen. >> in wisconsin there is tremendous amount of jobs. as a result of the tax bill and as a result of new facilities. >> that could be a 4 billion-dollar cost to the taxpayers. that is what i call socializing the cost of privatizing. that's bigger than the state budget. what we are giving us incentive. that dog don't hunt. >> the math doesn't work out. >> i'm not going to comment on the state numbers. >> but my understanding is that the states analysis was quite well thought out. >> i read the state analysis. it is going to cost more than we will benefit. >> so, i am trying to understand why the president is surprised that this tax bill did not trickle down into wages. but just became a way to buy back shares. did not trickle down. >> again, will be happy to follow up with your office, which we have seen and anticipate more. >> the time of the gentle lady has expired. the chair now declares a recess for 15 mi

this is kishana harley who was known to her friends as harley. a mother of four who thursday.sother ex fiance jack bryson is heartbroken over the killing. harley leaves behind a 2 year old, a three year old, a 14 year old, and an 18 year old who had just graduated from marine boot camp. harley's friends said she didn't have any enemies but did make reference to a concern that was recently brought up by her.sotharley wasn't just a mother. she was an activist as well. she regularly attended city council meetings in richmond and stood up against police brutality. bryson says they now wants justice for harley, a woman who touched their hearts.sot (grant) new at 10 tonight -- an investigation is underway after a man allegedly threatened to "blow up" san bruno city hall today. officers arrested 38-year-old keith gillam believing he was the person who made the threat by telephone. after a search of (grant) sot tonight. (grant) new at 10 tonight -- an investigation is underway after a man allegedly threatened to "blow up" san bruno city hall today. offic

harley-davidson as well.details of both of those numbers and talk to analysts who cover those companies. also up next china trade relations hitting the currency markets we'll discuss what it means. leland miller will join us who would have thought, who would have guessed? an energy company helping cars emit less. making cars lighter, it's a good place to start, advanced oils for those hard-working parts. fuels that go further so drivers pump less. improving efficiency is what we do best. energy lives here. improving efficiency is what we do best. whoooo. you rely on tripadvisor so you don't miss out on the perfect hotel... but did you know you can also use tripadvisor so you don't miss out on the best price? tripadvisor searches over 200 booking sites to find the hotel you want for the lowest price. saving you up to 30%! so you can spend less time missing out... and more time paddling out! tripadvisor. visit tripadvisor.com or download the app! we all want to know you know, the new, new thing. with xfinity's

the europeans have imposed duties on harley. i believe they are relocating some of their manufacturing to thailand, not to make motorcycles to reimport to the united states, but to sell in thailand and europe. so they have gone around the trump administration actions, they don't have to pay higher prices for steel, you don't have to pay duties on motorcycles that go to europe if they make them outside the united states. this is going to happen for a lot of companies. you'd see it every day in the some company laying off workers because of higher steel prices or retaliation from other companies. host: outside of steel and aluminum,, other industries benefiting from these, industries or regions benefiting from these tariffs? aluminum is and crucial thing to think about because there are benefits for the steel industry, and there are estimates of approximately 40,000, 50,000 new jobs in that industry. but because it is importing such a wide range of activities, automobiles, energy, construction, the job losses throughout the u.s. e

harley and just about 20 other especially trainedog worldwide can detect it.e had to come to manhattan to meet harley at k-9 detail to the new york fbi field office. ouk-i-team tep found s will soon be in demand in our area because there's been an exponential increase in child exploitation cases in our area. >> the opportunity one needs to abe a child and to produce images of that abuse is very, very short. >> reporter: steve grokky leads the justice department child exploitation section and says technology made it easier for predators to strike. >> every person walks around 24 hours a day with a high-definition photography >> reporter: and store those i think show they can be shared. >> we don't knothe how many ildren are still out there. >> reporter: lauren coughlin says so far 14,000 vicbems have identified nationwide. >> last year we received over 10.2 million reports of child sexual exploitation through our cyber tip line. >> reporter: one year. >> in one year. >> reporter: pushing police departments to come up with new solutions like harley. one of those

>> again, the president has been a huge advocate of harley-davidson and is very disappointed on harley-davids harley-davidson's-- >> did he ask them to stay. yes. >> did they turn him down? . i don't know the status. >> i'll yield back my time. >> and recognizing the monetary and subtrade committee. mr. president, i promote fair and reciprocal trade. since we're on the topic, i'll stay on the topic for a while. i appreciate that you and the administration monitor the tariffs. i have concerns that tariffs and retaliatory measures on american industries could very well suppress or even reverse the record level of growth and job creation we've seen under your leadership and the president's leadership and the booming economy. as we've discussed, my home state of kentucky's signature bourbon and distilled spirits industry accounted for more than $450 million in exports worldwide 2017. of that, nearly 200 million was exported to eu countries, where the market for bourbon has been growing at record levels in recent years and extended trade war would not only harm that iconic industry, but also kentu

markets which is contract in recent years harley davidson has their sales have dropped by eight and a half percent sales abroad have dropped by three point nine percent the announcement of the plant closure came just days after harley davidson said they too would provide shareholder dividend increases the iconic motorcycle company was touted by both president trump and speaker of the house paul ryan as examples of businesses which would be big beneficiaries from the tax cut law and this is it appears that the benefits from the new law are being used to outsource jobs and pay shareholders in a contract in market. or not to tax was once upon a time undoubtedly the question but as a civil society we've long ago passed the point of if there will be taxes the question by most policymakers is who or what will be taxed and how much and here to provide his seasoned and professional perspective we are joined an honor to be joined by richard wolffe a professor emeritus on economics at the university of metal because that's and her professor thank you again for being with us and very grateful fo

the harley owners are really going to buy them anyway, i think.nt, trump tweeted after that decision -- surprising harley davidson would be the first to wave the white flag. i fought hard for them. what did they do now, after that kind of tweet? deirdre: i do not think they do anything. the president's tweets for businesses are irrelevant. this is the secret that is not talked about. it does not mean it does not create anxiety, a ton of anxiety. but the cycle is so fast, everything moves so fast -- journalists are fact checking at a pace that is incredible, and companies can communicate directly with consumers. have patience and courage. they go with their strategy and talk to the riders and explain. david: let's take a different example, pfizer. the president came out last week with a fairly harsh tweet about drug prices. said pfizer and others should be ashamed that they have raised drug prices for no reason. they are merely taking advantage of the poor and others unable to defend themselves, while giving bargain break and -- basin prices to com

who will be after harley davidson?a foregone conclusion and it had to do with the tariffs. >> this episode shows that, in the trump administration, you can go from poster child to piranha in a new york minute. depending upon what your reactions are. in many ways, what we have seen over the past 24 to 48 hours with harley davidson, the continental, these are just the canaries in the coal mine for what is going to be a slew of other corporate actors following suit. >> general motors in the past few minutes announced it could cut u.s. jobs because of auto import tariffs. as far as i can tell, gm is not talking about specific tariffs. is it talking about the eu, canada, all of it? >> they are talking about the investigation that would slap potentially big tariffs on imported vehicles. gm does not like where this is going. they import a few cars from europe, a little bit from china, quite a bit from mexico. what they are saying if you taxing vehicles, there's or anyone else's, you will reduce auto sales, reduce jobs. >> ube

president is still mad at harley david son too, by the way, theomotorcyclespany announced they wouldng some operationsea os because of tariffs. doesn't get any more american than d harleyavidson and the president thinks they will regret that specific companies?lling out you're the president >> yes, i should. look. i devoted a lot of time harley david s >> there's pride it's called bikers for trump and they're ap verypy about it. we just proposed this a few days ago, they made thi deal at the beginningf the year, long before -- i don't thinkhey should do it. i think that harley is an american bike, it's an ameri motorcycles and they should build themcoith this try, they shouldn't play cute. >> keep them here.me while, another motorcycles companynowledged it also is thinking of moving production overseas because of those tariffs. polarists motorcycles company uld move to p poland,resident trump said he willounce the supreme court nominee on july 9th. one of the most contentious issues involved is the future o abortionrights, could it change the balance of the high court following justi

kishana harley was a bmother of four. harley as she was called was mom to a two year old, a three year old, a 14 year old, and an 18 year old who just graduated marine boot camp. she was also an activist who attended richmond city council meetings on a regular basis. her co- workers and friends grew worried when she didn't show up to work at the social security office last week. she missed tuesday and wednesday. police found her lying on her apartment floor with traumatic injuries on thursday. her kids were not with her when all of this happened. we spoke with her ex fiance earlier this evening. a memorial for harley will be held thursday night at the apartment complex where she lived. right across the street from the kennedy high school football field.(j.r.) police tell me they are still searching for harley's car. a black mercedes r500 crossover. it is still missing tonight. live in richmond, j.r. stone kron 4 news. (grant) another big story we are following tonight... bart police revealing more about how they were able

it includes whirlpool and harley it was illinois tool works yesterday.nts from greg hayes out of utx today, talking about labor costs. but adding that tariffs don't necessarily help that situation. and they're going to have to find ways to be more efficient. >> and certainly potentially, at least, at play here if things continue to worsen with china, given how important otis elevator, their unit is in china, as you might expect incredible pace of building going on in that country and they sell a lot of elevators into them. >> yeah, with the cost inflation theme, it is not just the tariffs, to your point commodity costs have been rising kimberly-clark, for instance, tom falk, the ceo cited a challenging environment, particularly with commodity inflation. they also lowered their earnings guidance on this double whammy, higher cost inflation and a worsening currency outlook a stronger u.s. dollar for those that are selling abroad, guys. the other positive, though, in today's market is that china is stimulating its economy. fiscally and monetarily infusing a

harley: las redes siempre han sido una herramienta que hemos tenido.decisiÓn de la conferencia episcopal porque va a ser elemental que el diÁlogo se mantenga porque es la Única manera para salir de la crisis. carolina: te agradecemos por estar en vivo en la ediciÓn digital y contarnos lo que ocurre dÍa con día en nicaragua. hay periodistas muy valientes como ellaque salen a la calle a pesar de las amenazas para reportar todo lo que pasa nicaragua. borja: muy pendientes y seguiremos de cerca lo que pasa nicaragua. me dijiste que jugaste a la loterÍa. carolina: la juguÉ y no gané. borja: sitio a posicionan las apuestas y la loterÍa ten cuidado si alguien te llama para decirte que te has ganado la loterÍa. las autoridades emiten alertas por estafas en donde se mencionan a empresas que no existen. mega millions que acumula para maÑana casi 500.000.000 de dÓlares, advierte que los estafadores buscan engaÑarte para que des informaciÓn monetaria o personal. esos son los nombres que te pueden llamar que te dicen " te llamo de parte de la loterÍa nacional de lo

he is a harley driver.rom a company that's just trying to expand. there are tons of other american companies that have plants overseas. this was in the past but why is it so bad that harley is trying to expand overseas? because sales aren't as strong in the united states. japanese automakers or motorcycle makers are doing well. harley needs to step up its game. >> eric: shouldn't the president as a businessman point this out? companies want to move overseas doesn't he have a responsibility to try to change that? >> he needs to shed light on the economy in the united states right now and how they are trying to fight and support businesses here. so i agree in the sense that maybe the trade war, it is sometimes warranted. when you call out a company and said they will be hurt and threatening the future of their sales, i don't know if i necessarily agree with that. i think on a business perspective it is hurting sales. he is raising awareness here is a company that's doing so. others will be quiet about it beca

. >>> harley-davidson another american icon that has dealt with its share of trade related issues. today the company says it plans line l out an expanded of -- lineup of smaller bikes in an international push for growth. in an interview with cnbc, the ceo defended the company's decision. a decision that drew criticism from president trump. >> certain commodities like grain and soybeans are traded off against otherhings like motorcycles in the basket of nations.ween and so picking on one specific thing like motorcles and assuming it's going to be easy ff change, that's where it gets complicated and ult. the administration is working hard on this issue. we have endured tremendousnd economic noneconomic trade barriers in our international growth. we have competed on our merits, 've done very well, we're in over 100 countries now around the world, and we're doing well, despite some of these things, we would like a little bit more of a playing field, because we think we can do even better. do you think we'll ultimately get that. all of this is to get to that place. >> i -- they are abso

kishana harley was killed in her richmond apartment last thursday. so far... no arrests have been made. police found her lying on the floor with traumatic injuries... after co-workers and friends grew worried when she did not show up to work for two days. harley's 4 children... ages 2 to 18... were not in the home when she was killed. her ex-fiance spoke to kron 4... and tells us he's devestated about what happened. ( darya ) right now right now police are searching for harley's car... a black mercedes r-500 crossover. ( james ) an investigation is underway after a man threatened to blow up san bruno city hall. officers arrested keith gillam. they say he phoned in the threat. while searching gillam's home -- investigators did ánot explosive devices... but they did find two guns. gillam was taken to jail and now faces criminal threat charges. ( james ) happening today... the mother of

harley davidson has made motorcycles overseas for 20 years. they have got facilities in brazil and elsewhere. all the bikes that are made for the u.s. market are made here in the u.s. but he was strong in saying, harley voters voted for me, they support me on this, whereas really it is not so much a u.s. issue. he is not giving any ground on this, and having tweeted about harley davidson on three consecutive days last week, we know his position. we will have to see what transpires next. thank you so much for ros krasny, our editor in washington. very eventful weekend. let's get you caught up to date with first word news. paul: the world's biggest is a step closer after asian ministers said a deal could be signed this year. the 16 nation regional partnership includes china and india, but not the united states . japan says it is vital asia flies the flag of free trade in the face of growing protectionism. they are one third of the economy and almost half the politburo nation. -- the population. standards,ving high unlike the tpp, we include coun

on harleys. you can see from that chart a are still down pretty nasty for the year. mainly because they were very nimble and able to navigate the tariff issue very well. they shipped a lot of motorcycles overseas to europe to get a harris -- get ahead of the tariffs. whirlpool on the other hand, the big surprise was on the downside. their costs mainly steel keep going up. they are talking about $350 million in commodity inflation costs for them. much more than they had previously expected. that's why you are seeing the absolute wipeout in those shares. you have your head wrapped around the winners and losers from the tariffs but there will always be surprises in store. vonnie: you can watch him on tliv and on mliv go with all of his thoughts on earning season. alphabet second-quarter earnings far exceeded x dictations sending shares soaring and putting investors at the use of the regulatory hit from the eu for privacy violations wouldn't curb sales or profit. can alphabet continue to make in

bn calling out harley-davidson. >> harley-davidson is saying we're going to send production overseasbecause of our tariffs, should you be calling out specific companies you are the president. >> yes, i should, look, i devoted a lot of time to harley-davidson treated them good i guarantee you everybody bought a harley-davidson voted for trump i don't know if you know they call bikers for trump. >> -- they are very unhappy about it very unhappy. now, we just proposed this a few days ago, about they made this deal the beginning of the yearlong before they heard of the word tariff made this deal the beginning of the year, i don't think they should do it i think harrell american bike american motorcycle about should build in this country should not play cute i had them for lunch six months ago telling me in india they charge -- >> i told them more about tariffs let me ask you how much do you pay if india. >> one hundred percent. >> do you do much business. >> no. >> i am telling them i said that is a shame i got them reduce tariffs in india because they used that as example harley leaves

e>> a canine lik harley who helped crack the case of ex-subway spokesman jared fogel. it takes months to train but it's invaluable >> expect t get much available and here in the d.c. area maryland a state police and fairfax county police are considering getting one of these special canines. >> within a year everyone will have these assets. >> one of the people working hard to give people a chance to find child predators is a girl in fairfax county. her story and the one thi she says needs to be done to better today on children "news 4 at 6:00." i-team.acfarlane, news 4 >> just remark. a just remarkable. >>> well, the ceo of build-a-bear is apologizirn for g away so many kids and parents who showed up for the pay your age promoving. social media exploded withtic tours of disappointed kids who didn't get their bears, and we saw some of them here at national harbor.ll the ceo sharon price john said on the "today" show this morning the stores were fully stocked and staffed for big crowds, but they had no ideas that it going to be that big. >> if i could do it over though,

in trade now here's a funny sidelines of the whole trade dispute trump has been very critical of harley davidson for wanting to pull out some of its production out of the u.s. and move it abroad to keep these europeans herefords. but trump is attracting internal ones to attract motorcycle companies from abroad the very companies that i guess he wouldn't want to be doing business in the u.s. i don't know explain the situation to me. yes there's a certain irony in this as we're talking about companies coming from china from china from japan from germany you know b.m.w. produces motorcycles but this is probably not the aspect which is more most important to trump he wants to create more manufacturing jobs in the united states he's not interested in the well being of american companies per se the spat about harley davidson has shown this interesting stuff they're going to boozing with the analysis from frank before it's. china is pumping more money into venezuela and the venezuelans continue to pump crude at rock bottom prices to power the globe second biggest economy the south american nat

when he talks about how harley davidson voters or harley ers, they all voted for him and are angry withhe company. i'm not sure that's the case. he also was asked, do you think it's right to single out companies for chris's him when you don't like their policies? he says it's fine. it's good for me to do that. i don't know what the next step would be for the white house in regards to harley davidson, but we'll wait and see. yvonne: it will be the sum of all the parts why it comes to car manufacturers, including harley davidson. now for some first word news. we are looking ahead and talking about the weekend, the world's biggest trading block is a step closer after a deal could be signed this year. the economic partnership includes china and india, but not the u.s. japan says it's vital that they fly the flag of free trade. our staff would cover one third of the world economy and half its population. >> we are being flexible in our discussion while maintaining high standards. includese tpp, ours different stages of development, and we have to be flexible in taking this into account. the

i really believe that harley's going to take -- the people that are buying harley davidson, they don'trri willis is taking a look at harley david soson and other products that are made on american soil. gerri: as we celebrate america's birthday, we wanted to take a look at some american made companies that are still red, white and blue through and through. i'm going to start with harley here. few brand names are more associated with the usa of harley founded in mill walky -- milwaukee in 1903. sales have slid in recent years, dipping 7% in 2015. th2017.they are looking to expae base of harley riders by 2 million. traditionally, harleys have been manufactured here and ship abroad for overseas buyers to be assembled. now manufacturing will occur in europe. the king of beers, bud wise e. it might be owned by a belgian company, anheuser-busch but it is brew daily in 12 u.s. breweries, producing 3 billion-gallons of beer last year. coloring its way into american hearts since 1903, crayola yeah i don't thincrayons. the factory has been transformed into a family fun attraction. another americ

president donald trump has lashed out at american motorcycle make a harley davidson trump saying that the administration is courting motorcycle companies that want to move to the united states that's off the harley davidsons that it's moving some of its assembly overseas now harley davidson announced last week that it's moving production of motorcycles sold in europe to facilities in india and brazil the company blamed decision on tariffs imposed by the european union to retaliate the tariffs that trump imposed on a host of a new products. let's bring in our financial correspondent now canada goose and a fresh but first conrad trump says that he wants to now what tracked other motorcycle firms to the united states but on some of these companies from the regions that he's trying to punish in this trade dispute. absolutely there is a certain irony in this as we're talking about brands from countries like italy germany japan b.m.w. honda. but you know. this is not this doesn't seem to be really important to the u.s. president despite his constant lashing out on twitter despite the nation

look, idea voted a lot of time to harley davidson, i treated them good.verybody that bought a harley-davidson voted for trump and they're unhappy about it. i think harley is an american bike, an american motorcycle and they should build them in this unit country. they shouldn't play cute. i had them for lunch six months ago. i have a feeling maybe harley -- i think they're going to take a big hit. those are my voters. they don't want harley davidson getting cute to make $2 more. >> all right. so days after house minority leader nancy pelosi lost a top lieutenant in a shocking primary upset, former president bark obama gave his endorsement for her to stay in leadership. according to "politico's" account, the former president said, quote, nancy, i believe, is one of the greatest speakers we ever had and will once again be one of the greatest speakers we ever have after we get through this cycle. meanwhile, the loss of new york congressman joe crowley has set off a debate in the party over the need for new leadership. "the new york times" editorial said make

off this planet.>( robin )right now police are searching for harley's car... a black mercedes r-500 crossover. so far no arrest have been made in this case. ( robin ) happening today... the man accused of stabbing and killing 18-year-old nia wilson at the macarthur bart station will be in court. john lee cowell was caught while sitting on a bart train on monday. another passenger recognized him and called police. police say cowell attacked wilson and her sister sunday night. police believe they have the murder weapon... which was found at a nearby construction site. they're now running d-n-a tests. authorities revealed the details of cowell's arrest yesterday. ( robin ) cowell does have a criminal history in contra costa county. he's been brought up on charges at least 6 times. those charges included assau

motorcycle maker harley davidson announced it was moving some of its production overseas to avoid steep tariffs imposed by the european union. the e.u. action came after president donald trump slapped tariffs on european steel and aluminum harley davidson says it sold forty thousand motorcycles in europe last year it's not yet clear how many workers will lose their jobs trump tweeted surprised that harley davidson of all companies would be the first to wave the white flag asked about the wisconsin based manufacturers decision white house spokesperson sarah sanders defended trump's trade policies the european union is attempting to punish u.s. workers with unfair and discriminatory trade policies and president trump will continue to push for free fair and reciprocal trade and hopes that the e.u. will join us in the meanwhile soybean farmers in the midwest are dreading the prospect of china taxing their product in retaliation for trump's tariffs on chinese goods so would be futures are already at their lowest in nearly a decade export twenty five percent of your products any time your sto