Page 28 - Cost Increase News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Production somewhere else over the next 18 months to compensate for that. harley davidson believes the tremendous cost increase if passed on to its dealers and retail customers would have an immediate and lasting detrimental impact to its business in the region. this is what happens when you start messing around with tariffs. companies pay the price and companies make business moves to counter it. >> whoever would have predicted something like this might happen? >> everyone. and the president, interestingly, he sort of hit harley davidson back and said, who would have thought they would be the...

Correspondent alison kosik with much more on this. 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 motorcycl...

Reconciliations and creating this potential cliff down the line. any sensible person could say oh, this is a good idea. why won't you only make it temporary? the business tax cuts are not testimo temporary. the whole reason they are temporary is because they cannot pound the money it would cost in the next couple of years to get it done under senate rule. everybody knows you are not going to let those tax cuts expire in 2025. if you do, that's a defactor cost increase. so cynically, they'll say well, congress will have to approve that, we are not going to count the money that costs because tha...

Other problems. that doesn't mean that overall the bill hasn't been a big su. drugs are going way too high and we have to fix that. but the overall system is actually getting better. we're actually improving substantially. we had 20 million people getting coverage. the rate of cost increase has come down. that's -- and quality, by the way, has gone up. infection rate in hospital and other things have gone down. the irony is the public doesn't see it and think it's a bad bill. >> reality is perception and the way it got passed by forcing it down the throat of the republicans. >> i reject to tha...

Develop a new drug, they may raise money for research and development. people invest in that process. and if the drug works, the investors get paid. what he's essentially done here is taken a drug, an existing drug that is being used. and as christine just pointed out it is being used by doctors who think it is a pretty good drug. they are not clambering assaying we need a drew drug. he's now pushing the price up to basically put all the cost increase on the consumer. he says he's going to put all the money into research and development himself. but who knows. clearly it is the consumer paying...