Trump Tweets Harley-Davidson 'Will Be Taxed Like Never Before'

Harley, stung by tariffs, shifts some production overseas

Harley, stung by tariffs, shifts some production overseas

Standard & Poor's has placed motorcycle maker Harley Davidson's debt on credit watch due to cost increases from a USA trade dispute with the European Union.

Renacci is a former owner of Harley-Davidson dealerships, but he didn't hold back when calling out the company for using the "excuse" of tariffs to start making some motorcycles overseas. "Harley must know that they won't be able to sell back into USA without paying a big tax!" The EU's tariffs on motorcycles were put in place as a response to Trump's steel and aluminum tariffs.

"Earlier this year, Harley-Davidson said they would move much of their plant operations in Kansas City to Thailand". "Now they are trying to use the tariffs to excuse and deflect from that decision".

But Harley-Davidson's plight in Europe drew fresh interest from French Parliament member Eric Straumann, who contacted Levatich to propose a new factory on the French-German border in Alsace.

Harley-Davidson said on Monday that it would lose as much as $100 million per year because of European Union tariffs on motorcycles that it ships from the United States. "Shows how unbalanced and unfair trade is, but we will fix it", Trump tweeted about the issue. "Harley must know that they won't be able to sell back into USA without paying a big tax!"

Colombia feeling pressure of potential early World Cup exit
Japan and Senegal meet in the second match, each coming into the game on the back of a 2-1 win and co-leading Group H. In their final group games on Thursday, Senegal will face Colombia in Samara while Japan plays Poland in Volgograd.

President Trump tweeted Tuesday that Harley-Davidson had already announced it was closing a Kansas City plant and moving those jobs to Thailand.

Trump said he's getting other countries to reduce and eliminate tariffs and trade barriers, citing India as an example, and to open up markets. Trump went on to say "When I had Harley-Davidson officials over to the White House, I chided them about tariffs in other countries, like India, being too high". "Harley-Davidson said, they wanted to do that (move some manufacturing base overseas)".

Trump first responded angrily to the Harley announcement on Monday, saying he has supported the 115-year-old manufacturer and was surprised by its plans, which he described as waving the "White Flag". If they move, watch, it will be the beginning of the end - they surrendered, they quit! Companies are now coming back to America.

"It's unfortunate that such a strong Wisconsin company like Harley-Davidson has to bear the brunt of this trade dispute", Sensenbrenner said. "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".

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