Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump and his administration with this weekly recap compiled by The Fly:
1. HARLEY-DAVIDSON: Shares of Harley-Davidson (HOG) were under pressure on Monday after President Donald Trump renewed his criticism of the company over the weekend, applauding a potential boycott of the company amid its production shift overseas. In a tweet, the President said: “Many @harleydavidson owners plan to boycott the company if manufacturing moves overseas. Great! Most other companies are coming in our direction, including Harley competitors. A really bad move! U.S. will soon have a level playing field, or better.”
2. U.S.-CHINA TALKS: A Chinese delegation will meet U.S. representatives led by Under Secretary of Treasury for International Affairs David Malpass in a new series of trade talks to be held later in August, Reuters reported on Thursday. Then, on Friday, The Wall Street Journal said that Chinese and U.S. negotiators are preparing a road map for discussions to end their trade dispute culminating with meetings between President Trump and Chinese leader Xi Jinping at multilateral summits in November. To clear the path for the meetings later this year, both sides have scheduled midlevel discussions in Washington next week, the report said, citing officials in both nations.
