it seems we have finally arrived at one, even for me, the harley-davidson case. >> harley-davidson isust the beginning. what all the economists have been saying as donald trump has dreamed more and larger tariffs on more and closer of our allies as well as china, japan, canada, germany, the uk, france -- they've said, you're going to destroy thousands more jobs than you are going to save because on steel, there are far more steel users than there are steel producers in the united states. whatever you do, you're going to lead them to then target u.s. industries, and harley-davidson is a perfect example. they're not 90 minutes from where i'm sitting right now. and in honor of july the 4th, hundreds of workers are going to be able to celebrate our nation's independence by losing their jobs, going to the very countries that the president thinks he's trying to punish. >> and the one thing that businesses need as republicans are constantly reminding us, as if we didn't know, is stability. they need to be able to predict the future. and harley-davidson clearly is finding the future so unpred

. production overseas. —— harley-davidson. for imposing tariffs because they have been involved in unfair trade practices. we are saying enough is enough, it is time to work with eu on fair trade. the european union have focused on all american products, made in the heartlands where the president has sought support, on bluejeans, burban and harley—davidson is. —— bourbon. but the compa ny‘s but the company's days of easy riding had been left behind. in the united states, sales have slumped and other countries have become much more important. if you have not been ona more important. if you have not been on a harley—davidson, you have not been on a motorcycle. just last week, the warning that producing their bikes in europe would cost more. of course this will have an impact on price, we will try to make this as painless as possible but no company can fight this alone. in the short term, a harley—davidson now says it plans to absorb the extra cost of $2200 each motorcycle. that could amount to $100 million a year, but their long

what does harley-davidson do?y all right, we'll build them over there so don't have to pay the tariff. that's what they need to do as a capitalist company that needs to reward their shareholders, but john, how do we fix this so we don't have darn tariffs in the first place? >> the point of trump's exercise of strategys somehow toscare, to push these major trading parties into making new deals with the united states on trade. whether or not it succeeds remains to seen. we recently had the people's bank of china cut interest rates. it eased monetary policy in part because china's perhaps bracing itself for an extended period of trade friction with the united states. they're getting ready to do battle, and we just don't know how long this is going to last and how much we have to do in order to get the other side to give in sufficiently. trish: think about it, if you're china, you tell the harley-davidson of china, you're not going to move jobs overseas. right? you have the ability to do that because it's obviously a

although donald trump is boasted this of harley—davidson: made in america. harley—davidson.t he welcomed to the white house is looking to shift much of its production overseas. the european union is try to punish us workers because they have engaged repeatedly in unfettered trade practices and the president is saying enough is enough and we would like to work with the eu to work on a level playing field. when donald trump imposed steep tariffs on imports of steel and aluminium, of retaliation was expected. and the european union have focused on all american products, made in the heartlands where the president has sought support, like bluejeans, bourbon, and harley—davidsons but the compa ny‘s glory bourbon, and harley—davidsons but the company's glory days of easy writing art now long behind. sales in the united states have slumped and customers in other countries have become much more important. until you have been on a harley—davidson, you have not been ona harley—davidson, you have not been on a motorcycle. butjust last week, the firm was wanting to get on one of their bi

so this is a problem that harley-davidson is feeling on its bottom

one of these motorcycles is a big 1000cc harley—davidson...s of easy riding are now long behind. sales in the united states have slumped and customers in other countries have become much more important. until you have been on a harley—davidson, you have not been on a motorcycle. but just last week, the firm was warning to get on one of their bikes in europe would inevitably cost more. translation: of course this will impact on price. we will try to make this as painless as possible, but no company can foot this alone. in the short—term, harley—davidson now says that it intends to absorb the extra costs of $2200 for each motorcycle. that could amount to $100 million a year. but the longer—term plan of taking production out of the us is worrying some republicans. yet donald trump seems determined to move ahead, even if that looks like america going it alone. chris buckler, bbc news, washington. staying in the united states, and the pentagon has confirmed that two military bases in texas would be used as temporary camps to house migrants. last we

harley—davidson is using that as an excuse, and i don't like that, because i've been very good to harley—davidsonit as an excuse harley—davidson, and they used it as an excuse and i think the people that ride harleys are not happy with harley—davidson, and i wouldn't be either. but mostly companies are coming back to our country. he has also threatened to impose new taxes on harley—davidson, though our reporter says the president's options are limited. i think most traders on wall street i was speaking to earlier today would tell you it is probably more likely rhetoric than anything. certainly there is concern that president could do something like tax the motorcycles that harley—davidson would try and build a broad and reimport into the us. that assumes harley—davidson would be building motorcycles abroad that it would wa nt to motorcycles abroad that it would want to bring back into the us. the announcement yesterday was specific to the idea that motorcycles bound for the european market, they would start building those outside of the us in their overseas facilities. so the president's options

harley-davidson or trump?l betting against trump these days and i think is probably right about harley-davidson riders who voted for donald trump. this does seem to be on harley-davidson's part in part or reaction to these tariffs but also part of a trend in the company to build more motorcycles overseas. they build them in brazil, they build them in india, they build them in thailand, they build them in australia. the idea that every harley is built in the good old usa is actually just not correct and the other thing that i've been thinking since this newshappenek that this is the final act in this? these tariffs are very fluid, most of them haven't even taken effect yet. there are threats and counter threats. i think we need to wait a while to see what happens. >> bret: that's what he said, patients. >> patients. harley does have a problem because it's not attracting younger riders so much anymore in the u.s. as mollie alluded to. i think the president -- had a hard time figuring out what he was talking abou

joining us on the phone former harley-davidson senior executive, clyde fesher, ar of harley-davidsonthe road." thanks for joining us. >> good morning. >> good morning. i want to know how big of a quagmire is harley-davidson in right now in this pressure from president trump? it seems that the trump base is very much, at least the u.s. target market for harley, am i wrong? >> in order to answer that question, you have to look at harley in perspective. it's been around for 115 years and for the majority of that time we were a domestic company shipping units to canada, the united states and mexico in the 1980s we had a turnaround and started exporting motorcycles and at that time, we had about 4,000 units being shipped to europe. well, now things have changed. again, and harley is becoming an international, global company. and by that, that means having manufacturing facilities throughout the world where there's market for them. just like tie ooyota, honda, mercedes and bmw they've done the same thing the quagmire we're in should be in perspective and remember one thing, the heart soul

i am happy with harley—davidson and my president.nsin is aware that the president's policy could have an impact on harley. with harley—davidson just over there that must provide a lot of business for the area and yourself. yes, it does. a lot of businesses in this area. yet trump voters are remaining loyal to the president. he is what he is. bombastic and i think he is controversial but i think a lot of that is part of the way he wants to negotiate and get things done. it was in states like this that donald trump fired up his campaign. turning wisconsin republican red was an important part of his presidential victory and it is no surprise that he is back on the road campaigning here ahead of the congressional elections. but the uncertainty about harley—davidson could hurt him. trump as far as i am concerned, i don't consider him america. he is our leader right now but harley— davidson will always be america. that sounds like a real warning to donald trump. don't mess with it. there's no doubt harley—davidson is a classic american bra

i don't like harley-davidson look at what's at stake for harley-davidson in the u.s it has roughly half of the market when it comes to motorcycles in the united states its q one sales were down 12% that made not necessarily the indication of harley-davidson's struggling as much as there's soft demand right now when it comes to motorcycles in the united states so as you look at shares of harley-davidson, i know a lot of people will be saying well, will they ultimately say something will they respond because they're getting beaten up? there's two ways to handle this if you're a ceo, melissa, as far as i can tell because i cover so many companies that have been attacked by president trump. you either go to the white house or go to the president and you have a conversation and ultimately make a deal, you saw that with boeing, remember the air force one project. now they get along swimmingly or you don't say anything which is what we've seen from general motors, toyota, the german automakers you just sit there and take it and you don't respond the way that you might ordinarily if somebody at

harley davidson is using that as an excuse and i don't like that because i've been very good to harleyn. they used it as an excuse. i think the people that ridehar harley davidson and i wouldn't be either. mostly companies are coming back to our country. >> critics accuse the president of being a bit hypocritical given many trump brand products are made overseas, everything from trump ties to vodka. not made in america a map of countries that manufacture trump products, show trump made goods very much a global business. chris cox, the founder of bikers for trump. i have not laid eyes on you in person since i hopped on the back of your harley shooting at the rnc in cleveland. nice to see you again. welcome back. >> thank you, brooke. nice to be back. >> so, when you hear the president just there saying he feels like harley is using tariffs as an excuse, he feels like they're surrendering, are they? >> well, you know, harley has had some problems for some time now. they were slipping and sliding back in 2007, well before the last recession. they were talking about moving some of their fa

but harley—davidson will always be america.a classic american brand with more than a century of history. but it's the future success of the company which is important not just to employees but also president trump. america first was welcomed as a positive message but the road ahead has dangers, if the president continues to push his protectionist policies. chris buckler, bbc news, milwaukee. now let's brief you on some other business stories. tata steel and thyssenkrupp are close to agreeing terms on a merger that will create europe's second—biggest steelmaker after arcelor mittal. sources in the city of london have told the bbc that the deal, which has been under negotiation for more than a year, could be concluded in the next few days. amazon has said it is buying online pharmacy pillpack for an undisclosed sum, confirming speculation it's expanding into healthcare. the news has sent shares of pharmacy chains plunging on fears of competition from the online retail giant. cvs health and walgreens boots alliance were down aroun

harley davidson is based in the state's largest city mo walky. walker said no terror of says good for wisconsin's manufacturers and farmers. harley davidson has been relying on europe and other international markets in recent years amid declining u.s. sales. u.s. treasury secretaries even the nugent denies washington is targeting chinese firms after reports of a crackdown on foreign acquisitions of american take a neutral insists investment restrictions will be imposed on all countries accused of trying to steal u.s. technology of washington remains concerned about chinese investments in sectors like artificial intelligence immobility and robotics. it's because on this aspect of the trade dispute with the analyst and rita now the first of all how reliant on rita is the u.s. takes on chinese investment b. does it really need china i mean we're talking about silicon valley here. well chinese investment in the last year into the u.s. in the tech sector has gone down and the concerns that president trump has been expressing about these the so-called

harley davidson says it is moving some stores out of the s.resident erdogan declares international observers ote.e objection to the understanding the migrant experience shapes our reity. how a new installation is changing perceptions of crossing the border. rswelcome to our vien public television and around the globe. when it comes to iconic america brands, me as close as harley davidson. when it comes to states helping president trump win the white house, wisconsin was k when they announced they are moving certain factories overseas because of the tariff standoff, it is a startling development inhe trade dispute. >> from the roar of the engine to the iconic image, harley davidson seemed designed to provoke a sense of americana. in the future, fewer of the bikes will be made ithe usa. wisconsin's best-known business has been targeted for tariffby the eu as part of the tit for tat trade skirmish started by president trump. although he said this, -- pres. trump: made in america. >> the company is looking to shift workers overseas. >> the europea

we've been writing about this. >> maria: harley davidson. >> harley davidson, locker manufacturers, allrt by this. what do you say to workers who are losing their jobs? >> look, i'm not defending the specific decision with regard to the tariff. that's a whole different topic. what i'm talking about is the peace of mind that most investors have that if they have a professional intermediary, a fiduciary advisor between them and chaos, have you a learned professional saying to an individual don't worry, here's why,' here's how we're protectig you, even with the turmoil that's happening. >> maria: i feel like up until yesterday, investors felt that okay, we're just going to trust the president on this. he's playing poker. he's in the middle of a negotiation. what happened yesterday that it was just a mixed message that you said that all of a sudden got investors so nervous dis the >> dagen: the market was down last week. the concern about how this trade war would play out -- it's not just with china. this is related to picking fights with allies, whether it's canada and mexico and the whole

i was with harley-davidson, a great company from wisconsin. who has a harley-davidson? lot of you. you know, harley-davidson makes great motorcycles. they were in my office. >> our allegiance will be to the american workers. >> so here's what he tweeted today. surprised that harley-davidson of all company would be the first to wave the right flag. i fought hard for them and ultimately they will not pay tariffs selling to the eu which has hurt us badly in trait, down $151 billion. taxes just a harley excuse. be patient. what is your reaction to that? >> do i believe that hardly doing this. it was one thing i will agree with. that they are using this as an excuse to take the jobs overseas. they've shown that they've taken jobs overseas and will continue. >> i appreciate your time. the author of makers and takers, a rise of finance in the fall. harley-davidson stands to lose $100 million a year. explain to us how tariffs work. >> they're basically a tax on doing business. countries impose tariffs on other countries and it makes products imported to the u.s. from europe or

mexi is there anything he could threaten harley davidson with?avid: he could impose new tariffs but they are try wg to avoid thh outside markets. it doesn't appear there is anything in the short term other than drawing the general ire of the administration. he has been notably quiet today but probably not indefinitely. jane: thank you for joing me. we spoke too soon. we knew the administration would not be quiet for long. he has tweeted, surprised that harley davidson would be the first to wave the white flag. excuse. just an bent pat the administration confirmed is week that two military bases in texas would be used to temporarily house migrants who crossed the southern border illegally.es it cs the president continues to say the current system is broken and more needs to be done to protect the border. pres. trump: the laws are e obsolete. thlaws are horrible in terms of security and taking care of people. the laws have to be changed. jane: over the weekend, the president tweetelo "we cannot all of these people to invade our country. wh someone

harley davidson a space then the state's largest city mo walky. walker said no tariffs is good for wisconsin manufacturers and farmers. partly davidson has been relying on europe and other international markets in recent years amid declining u.s. sales. well germany's b.m.w. now says it is not considering moving production out of britain in the face of brakes it yesterday a b.m.w. executive was quoted as saying uncertainty surrounding brakes it could lead to the closures of song british factories still breaks it is taking its toll on britain's automotive industry britain's society of motor manufacturers says investment in the sector has fallen by almost fifty percent in the first half of this year due to uncertainty surrounding the process of britain leaving the european union the automotive ropey claims the government's conflicting messages on breaks it a working against calm a case. the u.s. treasury secretary steve minutiae has responded to reports about the united states crackdown on foreign acquisitions of u.s. tech deny that washington is sp

harley-davidson. we reported last night here, president trump lashing out after harley-davidson said it was moving some production overseas, because of the tariffs, they say, already having an impact on them. well tonight, the president going even further, saying harley-davidson motorcycles should never be built in another country. and he's now threatening them with new taxes. here's abc's jonathan karl tonight. >> reporter: president trump not long ago hailed harley-davidson as the ultimate american company. >> made in america. harley-davidson. made in america. >> reporter: he promised to do great things for them. >> we want to make it easier for businesses to create more jobs and more factories in the united states, and you're a great example of it. >> reporter: but now, a year and a half later, the company is getting hit hard by the president's trade war, and says new tariffs are forcing them to manufacture more bikes overseas. and now from the president, a threat. "a harley-davidson should never b

he's doing it to harley-davidson.nd i don't have a problem with him wanting a company to keep business in the united states. the part with harley-davidson is most of the business now is overseas and it is still losing business here and gaining business in europe. >> well it is interesting about harley, people forget, jake, as we put this on the big board and think about, 35 years ago ronald reagan saved harley-davidson. how did he save it? by imposing a huge draconian tariff on japanese motorcycles. tariffs from japanese motorcycles are 4%. reagan raised it to 49.4%, allowing harley-davidson to have a financial buffer, retool, fix some of the motorcycles and then compete on the global market. so they were saved by big tariffs befo the harley leadership is solidly never trumper so they don't like this president and they are moving overseas. this company was saved by tariffs now they are decrying them. >> they are different tariffs. >> different tariff but they were saved by tariffs. >> to me it is a bigger conversation

the harley davidson an iconic american brand and now a symbol of u.s. president donald trump's protectionist trade policy. decision to impose tariffs on the motorcycles came after washington introduced levies on steel and aluminum imports. but instead of stepping on the america first bandwagon harley davidson responded by saying it would shift some production overseas. and surprisingly that didn't go down too well with the protection of president. fiery tweet he wrote harley must know that they won't be able to sell back into the united states without paying a big tax trump also claims that harley davidson has decided to move jobs from kansas city abroad before the e.u. introduced. the motorcycle maker denies this is the case. among those criticizing trans trade dispute with the european union is the governor of wisconsin where harley davidson is based scott walker tweeted that a new tariff policy would be good for wisconsin money factories and farmers. but as the tit for tat trade spot continues there could well be more tariffs down the road . for the

not happy with harley-davidson and i wouldn't be either. >> harley-davidson feeling and effort by somelican lawmakers pushing legislation that would limit the pres.'s ability to unilaterally an actor of international security and threatening to block the judicial nominations until gop leaders allow a vote on that measure. and in support of the legislation, so far gop leaders advance any attempt to advance the idea so -- >> keep us updated, thank you very much. this is a fox news alert just coming in, a federal judge ordering the federal government to reunite migrant parents with children taken from the land of the trump administration family separation policy. the first read of this injection requires all children younger than 5 be reunited with their parents within 14 days and older children 5 and older returned within 30 days. and especially as they try to get something done on immigration. thanks for being with us. i know you won't be surprised to find this ruling comes in the ninth circuit in the san diego area but he essentially sounds like what the judge is saying is these kids h

products, including harley-davidson. now, in a statement, harley made its displeasure with the current situation known. writing, we are assessing the impact on our u.s. facilities. we are hopeful the u.s. and eu governments will continue to work together to reach an agreement on trade issues and rescind these tariffs. by the way, it is not just motorcycles. products including whiskey, and typically kentucky whiskey, bourbon, juice, boats, and playing cards have been hit with this tariff hammer. with me is my old friend from cnbc, phil lebeau. he covers the auto industry, including the motorcycle industry. phil, you're an expert on this. before there was nafta, there was a free trade agreement with canada. >> right. >> before there was a free trade agreement, this was the auto pact with canada. all of this is based on the success of an integrated auto manufacturing industry. when we talk about tariffs, particularly on motorized things, this strikes to the heart of what a lot of people say is the most successful trading re

fan and was so into harley davidsons.t see this as an attack that trump gains anything from. this shows the disconnect from his base that he says the aura of harley davidson will go away. never. i'm sorry, you have never met a harley supporter. >> what's in it for the president, these sort of intrabased fights? it seems to be a giant loser for him. >> i have no idea why aura was capitalized in that tweet. there's no strategic thought process here. this is reaction. scorned was right. it's not just that he identified with this emblematic american country. but also the bikers for trump rally in d.c., like he really likes that idea of this sort of macho traditional american men mostly but women too supporting his candidacy. this is him lashing out. it's impulse. there's no one in there that could tell him, sorry, this makes no sense. >> it's disgusting but it makes sense. first of all, he will pick a fight against anybody that crosses him. he's like a mafia boss. it's that simple. what he's saying is, i'm going to decide if

harley-davidson has to look out for the best interests of harley-davidson and shareholders. i love riding my harley. lots of americans do. i don't think that's going to change. i think they're going to keep making the bikes they sell in america in america and there say lot of demand for their bike around the world and they have a huge opportunity to grow that market. my hope is they can do it from the united states of america, tax reform was a big step in that direction. but there are other factors. and this plan isn't something that just spun off as tariffs, you couldn't spin this off that fast, and it may be a contributing factor, but i think they're not going to make something this permanent over a temporary tariff. >> wow. who is to say it is temporary. christine romans went through all the numbers here and how much it would cost them to keep the production here with the new eu tariffs that are a response to the president's tariffs. republican senator ben sass says the problem isn't that harley is unpatriotic, it is that tariffs are stupid. they're a tax increase on amer

we are at harley davidson headquarters tonight.endability award for its midsize car-the chevy malibu. i forgot. chevy also won a j.d. power dependability award for its light-duty truck the chevy silverado. oh, and since the chevy equinox and traverse also won chevy is the only brand to earn the j.d. power dependability award across cars, trucks and suvs-three years in a row. phew. third time's the charm... for my constipation, my doctor recommended i switch to miralax. stulant laxatives forcefully stimulate the nerves in your colon. miralax is different. it works with the water in your body. unblocking your system naturally. miralax. now available in convenient single-serve mix-in pax. ( ♪ ) your heart doesn't only belong to you. child: bye, grandpa! and if you have heart failure, entrusting your heart to entresto may help. entresto is a heart failure medicine that helps improve your heart's ability to pump blood to the body. in the largest heart failure study ever, entresto was proven superior at helping people stay alive and out

a is our leader right now, but harley davidson wiays be america. chris: that sounds like a real warning to donald trump. >> don't me with it. chris: there is no doubt that harley davidson is a classic americanrand with more than a century of history. but the succesof this company is important not just to employees, but to president trump. he could find his fortunes are linked to firms like harley. america first was welcomed as a positive message, but the road ahead has dangers if the president continues to push with protection t policies. chris buckler, bbc news, milwaukee. laura:th in other newse were tens clashes between house republicans and deputy attorney general rod rosenstein today as they feuded over the fbi investigation into hillary clinton and president trump. congressman jim jordan accused mr. rosenstein of hiding information from congress, a claim he denied. some house republicans have that threatened to pursue contempt charges against mr. rosenstein if he does not comply with their demands for more documents. the u.k. tolerated inexcu

happy with harley-davidson and i wouldn't be either. reporter: now the top trade minister for the eu said today this is a "unfortunate consequence" that is taking place but the european union laid out in advance just exactly what they would do including tariffs on motorcycles they were targeted because that specifically hits wisconsin, the home state of the house speaker paul ryan. ryan said today he feels that tariffs are essentially taxes. the president though seemed very comfortable with the rising stakes. president trump: tariffs can be a very positive thing. >> i don't think tariffs are the right way to go. they're basically taxes. reporter: now the president also sent this warning to the to the european union tweeting out we're finishing our study of tariffs on cars from the eu, and they've long taken advantage of the u.s. in the form of trade barriers and tariffs. in the end it will all even out. the president suggested maybe there needs to be a 25% tariff on autos coming into the u.s. that currently stands at 2.5% right now meli

he has brought harley-davidson to this white house as much as he possibly can.know, exchanged the beast if he could for a harley-davidson and ride that if he could ride it, who knows. the point is here, harley-davidson is moving jobs overseas, moving production because of the president's trade policies, michael smerconish. pure and simple. >> well, you know what's interesting to me, it's not some obscure, hardware manufacturer for computers that we're talking about. i cannot think of -- unless you said it's the ford f-150 or maybe the ingredients that go into apple pie are now going to be made in china, it's harley davidson for crying out loud. everybody gets, you know, the identification of a harley with the united states flag and because of the president having brought your call, the harley-davidson executives to the white house, it's really significant. it will play and he's going to have to address it. protectionism has consequences. that's the lesson. >> yeah. >> i do -- we only have a minute left in this discussion and i don't want to let something pass th

one of these motorcycles is a big 1000cc harley—davidson... days of easy riding are now long behind. sales in the united states have slumped and customers in other countries have become much more important. until you have been on a harley—davidson, you have not been on a motorcycle. but just last week, the firm was warning to get on one of their bikes in europe would inevitably cost more. translation: of course this will impact on price. we will try to make this as painless as possible, but no company can foot this alone. in the short—term, harley—davidson now says that it intends to absorb the extra costs of $2200 for each motorcycle. that could amount to $100 million a year. but the longer—term plan of taking production out of the us is worrying some republicans. yet donald trump seems determined to move ahead, even if that looks like america going it alone. chris buckler, bbc news, washington. let's brief you on some of the other stories making the news. state media in syria says israeli missiles have struck an area close to damascus intern

harley-davidson announced that it's moving the plant to thailand. >> harley-davidson was going to do that. they announced it earlier this year. so harley-davidson is using that as an excuse, and i don't like that because i've been very good to harley-davidson, and they used it as an excuse. and i think the people that ride harleys are not happy with harley-davidson, and i wouldn't be either. >> that was president trump reacting to harley-davidson's announcement that they will move some of their production overseas to get out from under retaliatory tariffs from the eu. last week the eu rolled out over $3 billion worth of tariffs on american products including bourbon, orange juice, and harleys. this is how it works. it's in response to trump's tariffs on european steel and aluminum. "new york times" tells it this way. quote, on monday the company said the tariffs on its motorcycles had increased to 31% from 6%, adding on average 2,200 bucks to every motorcycle exported from the u.s. to europe. that's a lot of money. with united states sales slowing and europe an increasingly volatile

harley-davidson is making a major shift this morning. the company says it's moving some production abroad. this after the european union slapped tariffs on nearly $3.4 billion of american products including pork, bourbon and motorcycles, all in retaliation for the trump administration's tariffs on european aluminum and steel. harley says the new european tariffs would add about $2,200 to the price of every bike exported to that region. and that production shift could result in job losses here in the u.s. just weeks after taking office, president trump invited harley executives to the white house. >> thank you, harley-davidson, for building plants in america. we want to make it easier for businesses to create more jobs and more factories in the united states. >> reporter: after harley-davidson's announcement, the president tweeted, surprised that harley-davidson of all companies would be the first to wave the white flag adding, taxes just a harley excuse, be patient. house speaker paul ryan, who is from harley-davidson's home state of wis

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 futures are already at their lowest in nearly a decade to export twenty five percent of your products any time your stock start t

>> i am happy with harley davidson andt. my presid >> motorcycling had been rusuffering before came along. chris but the tariffs will cause : a lot of hassle. >> it is, but it will cause everother business hassle. as an american consumer it will st me, too. it does not matter if i'm working or buying consumer. i'm going to be screwed. chris: harley says it needs ton move productroad to avoid the tariffs imposed as part of te international trade battle started by presidemp. he was in wisconsin at a new electronics factory that is expected to create thousands of jobs. but the roar over harley was always going to overshadow his visit, ande made a direct appeal to the company. pres. trump: harley davidson, please build those beautiful motorcycles in the u.s. ok? don't get cute with us. don't get cute. build them in the usa. your customers won't be happy if you don't, i will tell you that. chris: many here got fired up about donald trump's campaign for the presidency.in buhis swing state, he needs to keep those supporters onboard

this is the latest head wind for harley-davidson. business has been slumpingceere nou.s., where it sells two thirds of its bikes. competition has stiffened in asia, where the comny is preparing to open a new plant in thailand. and in the next twos, ye harley-davidson plans to expand its production overseas. elp itin theory could limit the cost of tariffs. all while diversifying its manufacturing footprint. phil lebeau, nightly business report, chicago. >>> shares of carnival sink the most in more than two years. that's where we begin tonight's market focus. the cruise line operator slashed its full year guidance. blaming unfavorable currency exchange rates. the company should get past that. >> the arket isreacting to a lowering of guidance from the march guidance, it's still higher than the original guidance forhe year. we are offsetting a 19 cent drag in fuel currency. so that resulted in a lower guidance for the rest of the year. but the reality is, that that's all that's going on, and,ur of , we're going to work hard to beat that.

i don't know how they can criticize harley-davidson.f the steel and the aluminum tariffs to put the numbers up a bike now in europe cost more than $2,000 more than it would before the tariffs. so you know, it's a tough situation. a great american company. you have to do business where you can do business. right now it doesn't make sense to make a bike here and ship it overseas, which is what they've done for years. >> shepard: jeff, harley people went into a good bit of detail about how much money this will cost the company and for the time being they're not going to pass it on to consumers. >> right. because they can't. keep in mind, we're talking about bikes in the european union right now. the ones behind me at this shop here will not be affected. but if you make bikes here and ship them to europe, that's where the tariff bites. to put some other numbers up that puts this in perspective on how important it is to harley, the u.s. market has been shrinking. sales in the u.s. down double digits. in europe, it's a growing market. millenn

what is harley-davidson doing? >> in this s.e.c. filing from today, we're learning about what harley-davidson is doing. it is going ahead and shifting production of its motorcycles it makes for european customers literally moving it out of the united states and setting up shop overseas to avoid the tariff. and ultimately save money and customers. now, we learned that harley-davidson is making this drastic move to literally hold on to its second biggest sales market. that's europe. this is after the eu raised tariffs from 6% to 31% on motorcycles that are exported from the u.s. harley says the tariff raises the price by about $2200 on every motorcycle that sold in europe. that cuts its competitive strength in europe if their motorcycles are more than what is already on the market. so you look at the security filing, harley-davidson said this, it said it believes the tremendous cost increase, if it is passed on to its dealers, and retail customers, it would wind up having an immediate and lasting detrimental impact to its business in

"harley davidson should never be built in another country, never.loyees and customers are already very angry at them if they move, watch. it will be the beginning of the end. they surrendered they quit. the aura will be gone and they will be taxed like never before." so, what does harley davidson have to say about this we've asked today and we have heard nothing back so harley is not responding to the latest trump tweets remember, their global sales -- 60% of their sales come from here in the u.s. the remainder come from a number of markets, including over in europe they have said these eu tariffs -- and this is one reason the stock has been moving lower -- these eu tariffs will cost the country between $90 million to $100 million annually let's look at other companies that president trump has targeted in the past go back to apple in apple's case, they said the trump -- president trump said, boycott all apple products, and this was in february of 2016, until such time as apple gives cell phone info to authorities regarding radical islamist terrorist

. >>> stocks take a plunge and an american icon harley davidson moving jobs out of the u.s., blaming spiraling costs on the escalating trade war. >>> a plane goes down in flames, the lone survivor walks away. >> they kept saying it's going to explode but i couldn't leave, i couldn't leave that guy to burn up. >> how witnesses helped save him. >>> the new trend when it comes to hospital style care. there may be no place like home. >> announcer: this is "nbc nightly news" with lester holt. >>> good evening from los angeles tonight and welcome to our viewers here in the west. >>> amid the blowback and confusion over family separation and the zero tolerance policy toward illegal immigration, president trump may be about to once again rewrite the policy, this time turning illegal border crossers right around and sending them home without giving them their day in court. an idea almost sure to face a constitutional challenge. as some critics of the president's policy begin to make their opposition personal. our peter alexander has the story. >> reporter: president trump tonight declaring wh

, india where harley-davidson doesn't have to deal with these tariffs.s is what harley is saying, they believe if the cost increase is passed on to its dealers and retail customers would have an immediate and lasting detrimental impact. the cost of each bike would rise by $2200 per bike. does that mean the cost per bike to buy goes up? >> that's the first thought. they disclosed that they will not be passing the cost along to consumers. they are absorbing the cost, which is why you see the stock tanking today, down 7%, it's going to be affecting their bottom line. >> you were saying something interesting about how harley-davidson is one of those few companies who's been to the white house. >> correct. >> not once, but twice. >> exactly. >> why is that significant? >> because trump has been parading harley-davidson executives, engineers, bikers themselves as a relic of, this is what american made looks like, and i think this is a huge testament to the fact that his policy has -- his tax policy is in direct contrast to these new tariffs that are being impo

a month after he took office he had harley-davidson over and now he has a fight going on with harley-davidson the speaker who is from wisconsin, harley-davidson based in wisconsin. a lot of unhappy folks. >>> coming up, our preparations are underway for a potential meeting between president trump and the russian president vladimir putin. so what is on the agenda? >>> plus after a summit that produced a handshake but few specifics, u.s. officials are trying to nail down some tangible commitments from north korea. you always get the lowest price on our rooms, guaranteed?m let's get someone to say it with a really low voice. carl? lowest price guaranteed. what about the world's lowest limbo stick? how low can you go? nice one, carl. hey i've got an idea. just say, badda book. badda boom. badda book. badda boom. nice. always the lowest price, guaranteed. book now at choicehotels.com just for a shot. with neulasta onpro patients get their dayr back to be with family, or just to sleep in. strong chemo can put you at risk of serious infection. in a key study neulasta reduced the risk of infection fr

harley davidson is using it as an excuse and i don't like that. have been very good to harley davidson and they used it as an excuse. i think people who ride harleys are not happy with harley davidson and i wouldn't be either. charles: the president slamming harley davidson's plans to move manufacturing overseas. i have been pounding the table that management is moving their manufacturing to thailand and using the ex kiewstles tariffs as an excuse that was planned a long time. they hope by 2027 they hope half of it comes from outside of this country. i think it's very dangerous to allow themselves to be used as political pawns when the administration is trying to fix a problem they think is unfair. in this case we are talking about tariffs. shelby holliday, and katrina pierson from 2020 campaign senior advisor. the data is out there. they filed for this a long time ago. you don't think about opening a plant in a different one think overnight. it wasn't the european tariffs. they got a lot of heat when they announced closing a kansas city plant los

however, it is already certain to cost harley-davidson. >> thanks very much.ou are watching "bbc world news america." still to come, prince william pays tribute to victims of the holocaust. it is the first ever royal visit to israel and tie palan territory. truth now as an american, shame on me. >> it is three days since 12 teenage boys and tacir football disappeared inin cave networhailand. rescue groups resumed their efforts. pumps were brought in to try to drain some of the water, but the con anued. the bo age 11-16, and distraught relatives are waiting for any news. jonathan is near the scene and sent this report. >> weary and wet, rescue trudged in and out of the caves for a third day without anything to show for it. they have hundreds of people here now. the army is sending inads to oaked through the rain hills in search of other ways and the cave complex. rs into the cave complex. volunt with cave diving experience have come to help,ig some frohboring countries. the conditions underground are rough. >> it is three or four kilometers from the entrance.or