Markets

Trump revs up attacks on Harley-Davidson over production move

Trump revs up attacks on Harley-Davidson over production move

The problem with Trump's tweet is that, while Harley makes a majority of its motorcycles at several locations in the US, it's had several overseas manufacturing sites for years.

President Donald Trump is warning Harley-Davidson that "We won't forget" about its decision to shift some motorcycle production overseas, and he says the company could lose customers over it.

Trump wrote yesterday that Harley "should stay 100 per cent in America", in another missive aimed at a company that announced plans this week to shift production out of the United States to avoid retaliatory tariffs. He added: "I've done so much for you, and then this".

He accused India of charging tariffs as high as 100% on imported American products and called for them to be removed. "We won't forget, and neither will your customers or your now very HAPPY competitors!" But company spokesman Michael Pflughoeft said it was assessing the potential impact of the production shift on its USA facilities.

Harley-Davidson should stay 100% in America, with the people that got you your success.

Spain vs. Iran final score, recap
At the same time , Iran will take on Portugal, knowing that a win over Cristiano Ronaldo's side will be enough for them to reach the round of 16.


Local US media reported in May that a labour union for Harley-Davidson suggested some Kansas City jobs would move to Thailand - a move the company denied. Now the European Union has made a decision to target Harley for increased tariffs in response to Trump's trade war.

Contrary to Renacci's statement, Harley-Davidson's opening of a plant in Thailand was not in response to the European Union tariffs, nor have they said that's the case.

Harley-Davidson announced the closing of a factory in Missouri in January, but the reason for that was slumping domestic sales numbers.

"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 company has said ramping up production overseas could take at least nine to 18 months. Hence, they were just using Tariffs/Trade War as an excuse. But Harley-Davidson had warned past year against responding to foreign trade barriers with higher American tariffs, saying the levies could negatively impact sales.

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".


loading...
  • National Basketball Association  rumors 2018: Who will LeBron James bring to his next destination?

    National Basketball Association rumors 2018: Who will LeBron James bring to his next destination?

    Seeing the two of them together would be a scary thought for opposing teams. Teaming up would make a lot of sense for both players.
    How a US-China trade war might play out

    How a US-China trade war might play out

    Air freight is highly seasonal, with prices spiking in the fall as Christmas gifts are sent to stores and consumers. The Trump administration in May also assessed steel and aluminum tariffs on Canada, the European Union and Mexico.
    Dershowitz: Privilege Issues Could Limit Michael Cohen's Help to Mueller

    Dershowitz: Privilege Issues Could Limit Michael Cohen's Help to Mueller

    Add Donald Trump as an interest to stay up to date on the latest Donald Trump news, video, and analysis from ABC News . If Cohen were planning to cooperate, he wouldn't need lawyers as expensive as those at McDermott, the blog says.
  • The cake and the portrait: Messi celebrated his birthday with teammates

    The cake and the portrait: Messi celebrated his birthday with teammates

    Despite the uncertainty, Simeone said he had not given up hope that Argentina may yet survive into the knockout stage. At the time, the Barcelona skipper admitted that he did not think through his retirement announcement.
    FDA Approves First Cannabis-Based Drug

    FDA Approves First Cannabis-Based Drug

    Only products that have received formal FDA approval can make such claims, typically requiring clinical trials costing millions. The company has not said how much the drug will cost, but Wall Street analysts have predicted it could cost $25,000 per year.
    Troubled Germany Look To Make A Statement Against Experienced Mexico

    Troubled Germany Look To Make A Statement Against Experienced Mexico

    Loew probably had said a lot to his team at half-time and it showed with Germany pushing hard against Mexico in the second half. Germany hadn't been beaten in their opening World Cup match since 1982, which made Mexico's victory all the more impressive.
  • Costa Rica v Serbia, 17 June 2018

    Costa Rica v Serbia, 17 June 2018

    Milinkovic-Savic gave Navas a workout in the first half, and while he didn't score, he is clearly a potent weapon for Serbia . The coach also suggested the team spirit in the Serbian camp had been different than in recent years.
    DOJ Inspector General, FBI Director To Testify Monday About IG Report

    DOJ Inspector General, FBI Director To Testify Monday About IG Report

    The Justice Department's handling of the investigation into Clinton was attacked by Democrats and Republicans alike. April 30, 2018. "It's probably never happened in our country before", Trump said .
    DHS: 2,000 children separated from parents at border

    DHS: 2,000 children separated from parents at border

    This is not what America is", she said. "Congress should focus on border security and stop talking about amnesty as a solution". Bob Goodlatte, said he had spoken to Trump on Saturday and that the president "is fully committed to both of these bills".
  • More Changes Coming To Core Fortnite Gameplay In Coming Weeks Say Epic

    More Changes Coming To Core Fortnite Gameplay In Coming Weeks Say Epic

    Epic Games doesn't like this and the developer is now looking into ways to support more variety in late game strategies. Epic believes these tactics should have a place, but it doesn't like them being the only real tactic in the late-game.
    Disney and Fox Deal Reportedly Near Antitrust Approval

    Disney and Fox Deal Reportedly Near Antitrust Approval

    The Fox sale would not include major assets such as the Fox News Channel, Fox Business Network, and Fox Broadcasting Company. Disney will pay $71.3 billion in the deal, the companies announced Wednesday.

    World Health Organisation classifies gaming as addiction

    The World Health Organisation ( WHO ) will officially be classing addiction to video games as a disorder from today. Honestly, "gaming disorder" sounds like a phrase tossed around by irritated parents and significant others.