Friday, 22 November, 2019

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

Trump Supporters Soon Will Learn That No One Wins A Trade War Trump Tweets Harley-Davidson 'Will Be Taxed Like Never Before'
Russell Knight | 28 June, 2018, 01:16

President Donald Trump renewed his attacks on Harley-Davidson on Tuesday, threatening to tax the company for offshoring manufacturing and saying the iconic American motorcycles should "never" be built outside the United States.

"In this administration, our allegiance will be to the American workers and to American businesses, like Harley-Davidson, that were very strong in the 1980s and I remember this - you were victims of trading abuse - big trading abuse, where they were dumping all sorts of competitors all over the place", Trump said.

Trump said this while defending his recent decision to impose tariffs on the import of foreign products. "Harley must know that they won't be able to sell back into USA without paying a big tax!"

Trump says on Twitter, "We won't forget, and neither will your customers or your now very HAPPY competitors!" Harley-Davidson has denied a link between Kansas City and Thailand. And in response to those European Union tariffs, Harley has said it will move some bike production to Europe since it is a business after all and has to make money somehow.

Shifting more production overseas will take the company between 9 to 18 months, Harley-Davidson said. The E.U., Mexico and Canada were initially excluded from the tariffs when Trump announced them in March, but that expired on June 1.

"Early this year Harley-Davidson said they would move much of their plant operations in Kansas City to Thailand".

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The company already produces some parts and bikes overseas, including in India and Thailand, where they would otherwise face high tariffs. "Hence, they were just using Tariffs/Trade War as an excuse", Trump said. Trump then threatened the company "will be taxed like never before" if they follow through with the move.

Trump says he's getting other countries to reduce and eliminate tariffs and trade barriers, and open up closed markets.

Trump himself once said, "Harley-Davidson is a true American icon, one of the greats".

Earlier in the trade battle, Trump cited India's high tariffs on imported motorcycles as an example of why tougher trade policy was necessary.

Harley-Davidson executives met with Trump at the White House a year ago after Trump cancelled a visit to the company's headquarters in Milwaukee because protests had been planned. "Harley must know that they won't be able to sell back into USA without paying a big tax!"

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