Trump Attacks Harley-Davidson Over Backfired Tariffs

Business Insider reports:



President Donald Trump late Monday went after iconic American motorcycle company Harley-Davidson after the company announced it was moving some production out of the US. Harley announced Monday that due to the European Union’s new tariffs on US motorcycles — which came in retaliation for Trump’s steel and aluminum tariffs — the company was shifting some production to non-US plants.

The Harley move represented a slap in the face for Trump. The president hosted company executives at the White House and has repeatedly praised the company for building its motorcycles in America. According to the company, the EU’s new tariffs will increase the cost of a motorcycle shipped from the US to Europe by $2,200. To avoid this cost, the country will shift to countries where there are lower or no tariffs. Harley currently maintains facilities in Australia, Brazil, India, and Thailand.