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Harley-Davidson Stock Rose after Announcing Partnership in China
In the third week of June, Harley-Davidson (HOG) posted 5.8% gains as compared to a 2.2% rise in the S&P 500 Index. Last week, the company announced its partnership with China’s Qianjiang Motorcycle Company Limited. Under the new partnership, both the companies aim to collaborate to launch a premium 338cc motorcycle targeted at Chinese and other Asian markets.
HOG to Start Making Bikes in China while Apple May Move Away
Yesterday, US legacy motorcycle pioneer Harley-Davidson (HOG) announced its partnership with China’s Qianjiang Motorcycle Company. Meanwhile, according to a recent Nikkei report, Apple (AAPL) wants to move about 15% to 30% of its production out of China. Let's take a closer look.
With Tariffs, Is India Trying to Send a Message to Trump?
Over the weekend, India raised tariffs on more than two dozen US goods. The country mooted these tariffs last year after President Donald Trump slapped Section 232 steel and aluminum tariffs on it. However, the move wasn't aimed at India alone—almost all countries were hit with these tariffs.