Trump Blasts Harley-And Gets Facts Wrong-Again

Trump Blasts Harley-And Gets Facts Wrong-Again

Trump Blasts Harley-And Gets Facts Wrong-Again

The latter tweet seems to suggest the president doesn't understand the situation as Harley-Davidson was only planning to shift some production overseas to get around the new European tariffs.

It follows a proposed plan by Harley-Davidson to move some of its production overseas.

"Our decision to move some of our operations is 100% based on President Trumps tariffs".

"Harley-Davidson made the decision earlier this year to move jobs to Thailand before the tariffs were even announced", Renacci said in a statement.

S&P warned in January it was anxious about Harley-Davidson's sales declines. "These global facilities exist to support more competitive pricing by eliminating much of the tax and tariff burden imposed on fully assembled Harley-Davidson motorcycles imported into key worldwide markets". Companies are now coming back to America.

The Milwaukee-based company said Monday it came to its decision because of retaliatory tariffs it faces in an escalating trade dispute between the US and the European Union.




Trump also threatened to tax any motorcycles the company ships into the U.S. That's an empty threat because Harley sells motorcycles in the U.S. from American factories and is unlikely to import additional two-wheelers. Their employees and customers are already very angry with them.

Harley-Davidson announced in January it would close its Kansas City, Missouri assembly plant and consolidate jobs in York, Pennsylvania. Harley-Davidson is using that (tariff on steel and aluminum) as an excuse.

Harley-Davidson said it had no comment on the president's tweets. If they move, watch it, it will be the beginning of the end.

It said that shifting targeted production from the United States to global facilities could take at least nine to 18 months to be fully completed. "I was the one that explained to Harley about 100 per cent tax in India. and I got it down to a much lower number. which is, I think, 50 per cent, which is far too much, but they were paying 100 per cent". According to Bloomberg, Harley's USA sales have dropped every quarter since Q1 2015.

Harley-Davidson did not immediately respond to request for comment, but said the move overseas was to avoid European Union tariffs, not to sell in the U.S. market.

The president has repeatedly attacked Amazon.com Inc over what he sees as its unfair treatment of the U.S. Postal Service, and he has complained about the high costs of Boeing Co's replacements for Air Force One aircraft, urging the federal government to cancel the order.

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