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
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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 valid to quote reciprocate the e. U. Slapped a steep tariffs on Harley Davidson bikes last year as a reaction to us today is on steel and aluminum. Joining me now is our financial correspondent host san luis de haro there you are always good to see you know so this is a bit of a shift in tone for donald trump the first advocated for a boycott of the harleys after harvey said it was shifting production to overseas now its valid to retaliate on its behalf so tell us jose luis whats he thinking there. Maybe but by imposing on european cars they could be the kind of rich really asian that we could see but its a its a too soon to tell. But its true that a change of heart when i
Locked in coffee is taking on the us java giant all the way to the nasdaq. And when one mans trash is a nobodys treasure richer nations still export their ways to poorer countries but thats gotten harder look at australia struggle to clean up its own act. 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 to u. S. Judys on steel and aluminum. Joining me now is our financial correspondent host san luis de haro there you are less than two weeks good to see you now so this is a bit of a shift in tone for donald trump the first advocated for a boycott of the harleys after harvey said it was
Only game in town chinese chain luck in coffee is taking on the u. S. Job a giant all the way to now stuck. Hello welcome to your business good to have you with us a study by consulting for me why has revealed a striking difference in the size of profits u. S. Banks are making compared to the european counterparts and taken together the ten largest u. S. Banks last year made a profit of one hundred thirty eight billion euros compare that to the top ten european Financial Institutions they made fifty two billion that is less then half as much j. P. Morgan chase was leader of the pack in the us bringing in a massive twenty eight billion euro profit in europe it was ages b c this came out on top with twelve billion euros a major names Like Deutsche Bank are way down the list with a relatively speaking of course measly profit of two hundred sixty seven Million Euros so why are european banks lagging so far behind other studies also suggest its down to a difference in fiscal policy on each