President Donald Trump called out Harley-Davidson for moving some of its production overseas due to tariffs placed on the U.S. by European countries.
“Surprised that Harley-Davidson, of all companies, would be the first to wave the White Flag. I fought hard for them and ultimately they will not pay tariffs selling into the E.U., which has hurt us badly on trade, down $151 Billion. Taxes just a Harley excuse – be patient! #MAGA,” Trump tweeted Monday.
Surprised that Harley-Davidson, of all companies, would be the first to wave the White Flag. I fought hard for them and ultimately they will not pay tariffs selling into the E.U., which has hurt us badly on trade, down $151 Billion. Taxes just a Harley excuse – be patient! #MAGA
— Donald J. Trump (@realDonaldTrump) June 25, 2018
The comments come as the motorcycle manufacturer announced it would have to make the move due to new tariffs placed by the European Union on the U.S. The tariffs would cost Harley-Davidson up to $45 million for the rest of 2018, according to the company. (RELATED: EU Tariffs Drive Harley-Davidson To Move Some Bike Production Outside US)
The company mentioned that the tariffs on motorcycles exported from the U.S. went up from 6 percent to 31 percent in the past few weeks, which is an increase “of approximately $2,200 per average motorcycle exported from the U.S. to the EU,” according to Harley-Davidson.
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