Trump denies trade policy affecting Harley- Davidson

President Donald Trump denied in tweets Tuesday that his trade policy is responsible for Harley- Davidson’s decision to move 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. But Trump said Tuesday that the company had already announced it was closing a Kansas City plant. Union officials have said those jobs are going to Thailand. Harley- Davidson has denied that. Tweeted Trump: “That was long before Tariffs were announced. Hence, they were just using Tariffs/ TradeWar as an excuse. Shows how unbalanced & unfair trade is, but we will fix it ….”

Buffett taps Lee to manage papers

OMAHA, Neb.— Warren Buffett’s company has hired Lee Enterprises to manage the mostly smaller newspapers it has acquired since 2011 in 30 markets. Lee said Tuesday it expects to collect $ 50 million in fees from the five- year agreement that should help BH Media Group reduce costs.

New tax form still a lot of work

The Trump administration may deliver on its promise to reduce a commonly used tax form to postcard size, but it does not shrink the workload for many Americans filling out their taxes. A draft copy of the new 1040 income tax form given to The Associated Press by a staffer on theWays & Means Committee shows that the form will be reduced from two full pages to a doublesided half page. But the legwork to claim many popular deductions has been moved to one of six accompanying worksheets.

Lot of debt in forecast

WASHINGTON— A budget scorekeeper for U. S. lawmakers projected that federal debt compared to the size of the economy will reach 78 percent this fiscal year, the highest level in nearly seven decades, and that it will grow sharply from there over the next three decades.