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FLASHBACK: Reagan puts 45% tariff on Japanese motorcycles to rescue HARLEY DAVIDSON
New York Times ^ | April 2, 1983

Posted on 03/30/2016 5:27:05 PM PDT by VitacoreVision

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To: rey
I tell my homeschooler that the path to wealth is to come up with something that every Harley rider has to have.

Crabs?

21 posted on 03/30/2016 5:58:35 PM PDT by Sirius Lee (Trump <s>Cruz</s> or Lose 2016)
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To: VitacoreVision

It’s really too bad that chopper fans and crotch rocket fans don’t get along, as both of them are rather enjoyable toys. Both choppers and crotch rockets are also the targets of liberals.


22 posted on 03/30/2016 6:08:38 PM PDT by Objective Scrutator (All liberals are criminals, and all criminals are liberals)
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To: soycd

Ha! Just try to turn that flexy flyer! Friend of mine had one with ported cylinders and expansion chambers. It made a lot of horsepower in the most unpleasant manner possible. And threatened to spit you off on the Angeles Crest. A good nickname for it would have been “The Devil’s Chainsaw.”


23 posted on 03/30/2016 6:09:10 PM PDT by Seruzawa (If you agree with the French raise your hand. If you are French raise both hands)
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To: Daniel Ramsey
Then of course there are the masochistic Anglophiles like me:

1965 Norton Atlas

1971 BSA 441

2002 (India built) Royal Enfield 500

And when I hit the lottery, it'll be a Vincent and an Ariel S4 of course.

24 posted on 03/30/2016 6:12:04 PM PDT by Eric Pode of Croydon
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To: VitacoreVision

The difference is Reagan wss president and Trump will never be president.


25 posted on 03/30/2016 6:12:46 PM PDT by Angels27
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To: Feckless
Once Harley had recovered enough to make it on their own they asked that the tariff be lifted early.

So tariffs work. I thank you.

26 posted on 03/30/2016 6:14:34 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Seruzawa

Oh yeah. I still ride the triple trouble, but this 2016 Ninja H2 is nothing but balls to the wall.

https://www.youtube.com/watch?v=rOpQjD-rX0g


27 posted on 03/30/2016 6:16:30 PM PDT by soycd
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To: rey

Only fringe kooks still support SHAFTA and free trade after 30 years of this economic destruction. Thank God Free Traitors™ are a small fringe element in politics. Powerful yes but small in numbers. Minute.


28 posted on 03/30/2016 6:18:03 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: nickcarraway

Reagan Presidential Deeds:

Words are not deeds. Unfortunately, a look at the record leads to the question: With free traders like this, who needs protectionists?

Consider that the administration has done the following:

— Forced Japan to accept restraints on auto exports. The agreement set total Japanese auto exports at 1.68 million vehicles in 1981-82, 8 percent below 1980 exports. Two years later the level was permitted to rise to 1.85 million.(33) Clifford Winston of the Brookings Institution found that the import limits have actually cost jobs in the U.S. auto industry by making it possible for the sheltered American automakers to raise prices and limit production. In 1984, Winston writes in Blind Intersection? Policy and the Automobile Industry, 32,000 jobs were lost, U.S. production fell by 300,000 units, and profits for U.S. firms increased $8.9 billion. The quotas have also made the Japanese firms potentially more formidable rivals because they have begun building assembly plants in the United States.(34) They also shifted production to larger cars, introducing to American firms competition they did not have before the quotas were created. In 1984, it was estimated that higher prices for domestic and imported cars cost consumers $2.2 billion a year.(35) At the height of the dollar’s exchange rate with the yen in 1984-85, the quotas were costing American consumers the equivalent of $11 billion a year.(36)

— Tightened up considerably the quotas on imported sugar. Imports fell from an annual average of 4.85 million tons in 1979-81 to an annual average of 2.86 million tons in 1982-86. Not only did this continued practice force Americans to spend more than other consumers for sugar, but it created hardships for Latin American countries and the Philippines, which depend on sugar exports for economic development. The quota program undermined President Reagan’s Caribbean Basin Initiative and intensified the international debt crisis.(37)

— Negotiated to increase restrictiveness of the Multifiber Arrangement and extended restrictions to previously unrestricted textiles. The administration unilaterally changed the rule of origin in order to restrict textile and apparel imports further and imposed a special ceiling on textiles from the People’s Republic of China.(38) Finally, it pressured Hong Kong, Taiwan, and South Korea, the largest exporters of textiles and apparel to the United States, into highly restrictive bilateral agreements. All told, textile and apparel restrictions cost Americans more than $20 billion a year.(39) The Reagan administration has stated several times that textile and apparel imports should grow no faster than the domestic market.(40)

— Required 18 countries—including Brazil, Spain, South Korea, Japan, Mexico, South Africa, Finland, and Australia, as well as the European Community—to accept “voluntary restraint agreements” to reduce steel imports, guaranteeing domestic producers a share of the American market. When 3 countries not included in the 18—Canada, Sweden, and Taiwan— increased steel exports to the United States, the administration demanded talks to check the increase. The administration also imposed tariffs and quotas on specialty steel. These policies, with their resulting shortages, have severely squeezed American steel-using firms, making them less competitive in world markets and eliminating more than 52,000 jobs.(41)

— Imposed a five-year duty, beginning at 45 percent, on Japanese motorcycles for the benefit of Harley Davidson, which admitted that superior Japanese management was the cause of its problems.(42)

— Raised tariffs on Canadian lumber and cedar shingles.

— Forced the Japanese into an agreement to control the price of computer memory-chip exports and increase Japanese purchases of American-made chips. When the agreement was allegedly broken, the administration imposed a 100 percent tariff on $300 million worth of electronics goods. This episode teaches a classic lesson in how protectionism comes back to haunt a country’s producers. The quotas established as a result of the agreement have created a severe shortage of memory chips and higher prices for American computer makers, putting them at a disadvantage with foreign competitors. Only two American firms are still making these chips, accounting for a small percentage of the world market.(43)

— Removed Third World countries from the duty-free import program for developing nations on several occasions.

— Pressed Japan to force its automakers to buy more American-made parts.(44)

— Demanded that Taiwan, West Germany, Japan, and Switzerland restrain their exports of machine tools, with some market shares rolled back to 1981 levels. Other countries were warned not to increase their shares of the U.S. market.

— Accused the Japanese of dumping roller bearings, because the price did not rise to cover a fall in the value of the yen. The U.S. Customs Service was ordered to collect duties equal to the so-called dumping margins.(45)

— Accused the Japanese of dumping forklift trucks and color picture tubes.(46)

— Failed to ask Congress to end the ban on the export of Alaskan oil and of timber cut from federal lands, a measure that could substantially increase U.S. exports to Japan.

— Redefined “dumping” in order “to make it easier to bring charges of unfair trade practices against certain competitors.”(47)

— Beefed up the Export-Import Bank, an institution dedicated to promoting the exports of a handful of large companies at the expense of everyone else.(48)

— Extended quotas on imported clothespins.


29 posted on 03/30/2016 6:19:31 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: VitacoreVision
the President's decision last May to impose quotas on sugar imports

Quotas are another way to go, with the benefit they don't fund more crack for Fedzilla. Quotas though can cause temporary shortages that raise prices to the benefit of the foreign producers. Possibly something like a national quota system could be set up. If Americans buy $100 billion in Chinese goods and Chinese only buy $10 billion in American, shut down the docks until the Chinese buy $90 billion in something American, and not just Fedzilla funny paper.

30 posted on 03/30/2016 6:19:43 PM PDT by Reeses (A journey of a thousand miles begins with a government pat down.)
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To: Daniel Ramsey
And no i won’t knock Harley bikes, if anything i would love to buy an Indian, now that is a collectible bike!

When I was very much younger in the early 40s almost every motorcycle I saw was a Indian.

The much narrower wheels of Harley and other motorcycles IMHO made them less attractive to bikers in my area. (Boston)

When the bikers would pull up on a hot day and shut off the engines, some of the Indians engines, which were air cooled, would keep on kicking because of the overheated engine parts igniting the fuel. - Tom

31 posted on 03/30/2016 6:22:57 PM PDT by Capt. Tom
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To: VitacoreVision

Well, Reagan wasn’t perfect.


32 posted on 03/30/2016 6:24:53 PM PDT by smokingfrog ( sleep with one eye open (<o> ---)
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To: Blue Jays

“Mmmmm...eager to get another motorcycle again. It has been too long!”

Forget American or Japanese...go German! BMWs are incredible! (just had to post that considering the topic of the thread. sorry)


33 posted on 03/30/2016 6:27:08 PM PDT by CodeToad (Islam should be banned and treated as a criminal enterprise!)
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To: sergeantdave
"Explain to everyone how a rough cut Canadian white pine 5/4 board differed in quality from a rough cut American white pine 5/4 board."

They were colder?

;)

34 posted on 03/30/2016 6:30:27 PM PDT by SnuffaBolshevik
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To: soycd

Performance cycle in Denver has the H2R, not for sale, but drool bibs are offered. I was stunned at the mechanics of that machine.


35 posted on 03/30/2016 6:32:01 PM PDT by CodeToad (Islam should be banned and treated as a criminal enterprise!)
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To: CodeToad

How funny you should type that sentence!
In my initial post, I was going to make a "next time around...it will be a BMW motorcycle" reference yet decided to let it slide. LOL. :-)


36 posted on 03/30/2016 6:33:38 PM PDT by Blue Jays (Rock Hard, Ride Free)
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To: Sirius Lee

“I tell my homeschooler that the path to wealth is to come up with something that every Harley rider has to have.

Crabs?”

ROTFLMAO!

I was going to say, “A really good toolkit and spare oil holder?”


37 posted on 03/30/2016 6:33:49 PM PDT by CodeToad (Islam should be banned and treated as a criminal enterprise!)
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To: CodeToad

I drove my H2 home this February between show storms. Getting up the ice patched driveway was fun, but not as fun as taking it out the last few weeks and smoking the tire.

I’m on traction control 1 just to get used to the 210 hp.
This thing is built beyond belief.


38 posted on 03/30/2016 6:36:26 PM PDT by soycd
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To: Blue Jays

On that subject...

BMW has really taken the lead while keeping costs down. While many bikes now cost what a BMW costs, they just don’t have the engineering to go with the price tag. BMWs often weight 200 pounds less than the competitor and sports features the other guys just don’t have.


39 posted on 03/30/2016 6:37:46 PM PDT by CodeToad (Islam should be banned and treated as a criminal enterprise!)
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To: VitacoreVision

Harley-Davidson - Making fat people look cool for over 100 years.


40 posted on 03/30/2016 6:37:47 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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