Trump's trade war backfires with American icon Harley-Davidson

Harley-Davidson plans to move some motorcycle production outside of the U.S. to escape retaliatory tariffs the European Union imposed after President Trump hit the trading bloc with stiff metals duties.

The Trump administration ended exemptions last month for Europe, Canada and Mexico from levies of 25 percent tariff on steel imports and 10 percent on aluminum, which were imposed on national security grounds, frustrating longtime American allies. In response, the EU imposed its own duties on nearly $3.4 billion in U.S. products like bourbon and orange juice.