Published: Thu, June 28, 2018
Money | By Hannah Jacobs

Trump Blasts Harley-And Gets Facts Wrong-Again

Trump Blasts Harley-And Gets Facts Wrong-Again

Despite being a sound business move, President Trump attacked the company in a series of tweets which accused Harley-Davidson of "using tariffs/trade war as an excuse" to move production overseas.

His comments extended his feud with Harley-Davidson into a third day, tweeting that the motorcycle manufacturer, which already has some production in foreign markets, "should stay 100 percent in America". "I've done so much for you, and then this".

Trump's current attacks came after Harley announced on Monday that the company would shift some of its production outside of the U.S. due to Trump's trade battles and the European Union's retaliatory tariffs against the US.

Trump says on Twitter, "We won't forget, and neither will your customers or your now very HAPPY competitors!"

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

In January, Harley-Davidson said it would close a plant in Kansas City, Missouri, due to a sharp drop in USA demand for its motorcycles, but said it would consolidate work done there into its plant in York, Pennsylvania.

It was a stark contrast from February 2017, when Harley-Davidson executives visited Trump at the White House, even participating in a photo-op with Trump.

"We don't want to punish, but that is the unfortunate outcome, that (US companies) will put pressure on the American administration to say hey, hold on a minute, this is not good for the American economy", EU Trade Commissioner Cecilia Malmstrom said on Tuesday. The Aura will be gone and they will be taxed like never before!

Those tariffs came as a result of Trump's decision to impose steep duties on steel and aluminum imports Europe and elsewhere last month. "Now they are trying to use the tariffs to excuse and deflect from that decision".

Trump's attack, the latest in a series of criticisms of US companies, was an about-face for the president, who hosted company officials and gleaming Harley-Davidson bikes on the White House lawn shortly after his inauguration.

Harley said Monday it's moving the production of motorcycles destined for Europe to factories in Thailand, India and Brazil in response to the European Union slapping a 31 percent tariff on motorcycles made in the U.S.

Trump criticized Harley-Davidson on Twitter, saying the overseas move upset employees and customers, and would be bad for the company's long-term prospects.

"A Harley-Davidson should never be built in another country-never!"

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