China maintains it's open to foreign investors –EU levies threaten Harley Davidson's business plan
The Chinese premier is meeting with leaders from Central and Eastern European countries at a summit in Sofia as he aims to boost Beijing's trade interests in the region. But Li cannot afford to offend the European Union.
"Berlin is the city of freedom," a business agency in the German capital has contacted Harley-Davidson's CEO. The iconic US company is looking to move some production abroad to avoid the fallout of an EU-US trade spat.
US President Donald Trump remains focused on reducing the American trade deficit, and Japan may be the next target. An American newspaper cites the president as saying he wants to make Tokyo "pay" for its surpluses.
The iconic American motorbike manufacturer will shift some of its production out of the US. It expects rising costs from higher European tariffs imposed on Friday in retaliation against Donald Trump's metals tariffs.
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