engines, not put on the brakes. reporter: but the european union is retaliating against the trump tariffs on steel and aluminum by raising tax on, among other things. imported motorcycles. from 6 to a whopping 31%. that is a $2,200 price hike for each harley sold there. a potential $100 million loss for the company. the head of the european commission has been frustrated at the whole idea of a trade war. translator: this is basically a stupid process, the fact that we have to do this. but we have to do it. reporter: even some republicans are worried about president president trump s actions. i don t know what his motive is but we re playing with fire. reporter: but he campaigned to stop the off shoring of american jobs. i want trade deals for our country that create more jobs and higher wages for american workers. reporter: so he s pointing to word earlier this year that harley was already planning to move some production to thailand
u.s. soil. if it was more expensivem it could help u.s. steel and aluminum making them more competitive especially since they have complained for years about unfair practices overseas anyway. what about all the companies that rely on that raw material to make cars and airplanes and equipment and aluminum cans and appliances? what about those companies? now they would face a different supply chain where there maybe shortages, higher prices and that could affect a lot of people in other fields. one estimate has it that more than 80 times as many people work making stuff out of that raw material than in actually producing raw material. those people would now potentially face uncertain wages, uncertain hours, maybe more off shoring, not to mention what would happen with consumers out there. one estimate said some products in some places could go up by 15%. i don t know if we know that but there s uncertainty in the consumer market about what the impact would be.
push up the cost by 25 and 10% respectively. that s money that would be paid by the countries who wanted to get their product on u.s. soil. if it was more expensive it could help u.s. steel and aluminum making them more competitive especially since they have complained for years about unfair practices overseas anyway. what about all the companies that rely on that raw material to make cars and airplanes and equipment and aluminum cans and appliances? what about those companies? now they would face a different supply chain where there maybe shortages, higher prices and that could affect a lot of people in other fields. estimates have 80 times as pane people work many stuff out of that raw material than in actually producing raw material. those people would face uncertain wages, uncertain hours, maybe more off shoring, not to mention what would happen
discussion purposes along those lines. you ve got to be careful about taxes because they are an integral part in either the growth or slowing down of the economy. you ve got to do it right. one proposal has been out and floated around and that is the territorial tax issue for corporations almost certain to guarantee the off shoring of american jobs where it will be a race to the bottom for the corporate tax structure around the world and we will not win that race. what i m trying to wrap my head around is the fact when you talk to caucus members send the fact that you guys will come to some set of consensus with medicare and medicaid, what is going to give between these two? usually they are at opposite sides of the spectrum. well, i think we all, whether democrat or republican, looking up the well-being, the republicans like to talk a lot
and we ve been seeing arc wel r ers. does it make sense to you and what does it add up to in your mind? two things. equipment three things. equipment to be used for. that is breaching and breaking, lifting and shifting and shoring. so the shoring is probably the timber and maybe other metal products used for to hold the structure up and so that it won t move any further in the case of an aftershock, as you start to cut away things. the breaching and breaking is the fact there s not going to be any complete parts between you and the victim. if it was, they would have got out already. that you have to tcut through things. that s what the hammer drills are for. cutting through floors and so, for and lifters when you have large slabs and those are move very, very carefully. we have a crane on site.