Business Briefs – June 26, 2018
Trump Denies He’s to Blame for Harley-Davidson Decision
WASHINGTON (AP) — President Donald Trump is denying that his trade policy is responsible for Harley-Davidson’s decision to shift some motorcycle production overseas. The company says it’s doing so because of tariffs it’s facing in a trade dispute between the U.S. and the European Union. President Trump accuses the company of using “Tariffs/Trade War” as an excuse for an earlier decision to close a Kansas City plant. Union officials have said those jobs are going to Thailand, but the company denies that.
Men Who Investigated Ivanka Trump China Suppliers Out on Bail
SHANGHAI (AP) — China Labor Watch says three activists who were arrested while investigating abuses at Chinese suppliers for Ivanka Trump’s fashion brand last year were released on bail on Tuesday, but questions remain about their ability to live and work freely. The men were detained for a month last year as they prepared a report alleging low pay, excessive overtime and verbal and physical abuse at a Huajian Group shoe factory in southeastern China.
New Tax Form Is Indeed Smaller, But Filing Is No Simpler
A draft copy of the new 1040 income tax form provided to The Associated Press shows that the form is the size of a postcard, as promised by the GOP when it revamped U.S. tax law. But it does not necessarily shrink the workload for many Americans filling out their taxes. The legwork to claim popular deductions has been moved off the main form to one of six accompanying worksheets.
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