Sputtering sales outs tariffs catch up with iconic u. S. Motorcycle maker Harley Davidson provoking a speedy response from u. S. President donald trump spoiler alert he was not amused. Wake up and smell the coffee because starbucks isnt the only game in town the chinese chain and lock in coffee is taking on the u. S. Java giant all the way to the nasdaq. And when one mans trash is a nobodys treasure return ation still export their ways to poorer countries but thats gotten harder we look at australia struggle to clean up its own after. Harley davidson has reported a stall in quarterly profits as it struggles to deal with the impact of tariffs and slow sales the Motorcycle Makers profits twenty six percent to around one hundred
twenty eight Million Dollars the new sparked an angry response from u. S. President donald trump who blamed europe for the companys poor performance and value to quote reciprocate the e. U. Slapped a steep tariffs on Harley Davidson bikes last year as a reaction t
Announced it will stop exempting countries from its sanctions on by iranian oil from a second and anyone who still buys all from tehran faces a dispute with the biggest economy in the world the price of oil was already on the rise up thirty percent over the weekend after the news from washington the prize took a significant increase brant crude the Global Benchmark cost nearly seventy five dollars a barrel on tuesday the u. S. Sanctions policy is putting the Global Economy under pressure and is driving Prices Higher particularly in those countries that have benefited from the exemptions until now such as india. Indias economy is booming its g. D. P. Is expected to rise by seven percent and that Economic Growth is fueled by oil and so india is buying in large quantities from what iran is selling on easy terms iranian crude is delivered free of charge a fully insured and with a payment period of up to sixty days Excellent Service but who will be able to fill
the void. Thats what india an
Leader on twitter. This played out with chuck jones. Claiming savings more than 1,000 jobs at carrier is inflated. We will get to all of this in a moment. The president elect meets with the short list pick for secretary of state. No word about the meeting is he was vetted as a possible Vice President ial pick for hillary clinton. Overnight, the trump Team Announced picks for head of the epa. Oklahoma attorney general scott pruitt. This is a controversial nomination. He is a fierce critic of the agency he would now run. For the latest on the transition, lets bring in cnns sara murray. Reporter good morning. The donald trump transition barrels on. While as a candidate on the campaign trail, trump may have said dismissive things about the generals. He is relying on them. He chosen john kelly to be the next head of homeland security. It is one of a number of staffing issues taking shape this week. Another one the team made official is linda mcmahon. The former wwe leader. And a source tell
Tear up. For german Engineering Companies like Bush Rex Walt mexico is a very enticing prospect on the one hand of the market for production robots and other Engineering Equipment but also as a production location something german car makers in particular have capitalized on mexicos geographic location makes it a perfect platform for exports to the u. S. Those factors have attracted over ten billion dollars of german investment. Germany is now the countrys Third Largest trade partner after the u. S. And china and lets look at. Over the last five years mexico has launched important Structural Reforms as a basis for future development. Or your make it a center of opportunity. And above all to show investors that we are a trustworthy country. On their joint tour of the one of a massive trade for german chancellor Angela Merkel told mexicos president to trade ties between the two countries are also set to expand under the new e. U. Mexico Free Trade Agreement but security still poses a maj
A liberal cosmopolitan city that doesnt shut itself off. Its a place where everyone can do what he wants well you know. Income was a real. Trinitron ton the kidnap victim doesnt enjoy any such liberties hes been given to life sentences in prison in vietnam german politicians are outraged. I think we need to send a very strong signal to a country that orchestrates Something Like this in berlin and. It needs to hurt. Otherwise other countries might think they can get away with something similar. Before trends abduction germany enjoyed excellent relations with vietnam germany opened a major Cultural Center and city in two thousand and sixteen as part of the two nations pretty. Partnership but the cold war started kidnapping has turned those relations frosty indeed. Watching d. W. Life from their french president to my home across areas in the United States today is the second day of his visit and the window as you see just that were waiting for a press conference to begin so as soon as th