Joe.My.God. LGBT News
CNBC reports:
President Donald Trump said Tuesday that Harley-Davidson will be “taxed like never before” if they move production overseas, and that the U.S. motorcycle company was using increased trade tensions as an excuse to justify planned changes in manufacturing.
On Monday, Harley said it was moving some production overseas due to increased costs from the EU’s retaliatory tariffs against the Trump administration’s duties on steel and aluminum from the bloc.
No production will be moving to Europe as a result of the tariffs, according to the company. Harley’s overseas manufacturing plants are located in countries such as Brazil, India, Australia and Thailand.
A Harley-Davidson should never be built in another country-never! Their employees and customers are already very angry at them. If they move, watch, it will be the beginning of the end – they surrendered, they quit! The Aura will be gone and they will be taxed like never before!
— Donald J. Trump (@realDonaldTrump) June 26, 2018
Early this year Harley-Davidson said they would move much of their plant operations in Kansas City to Thailand. That was long before Tariffs were announced. Hence, they were just using Tariffs/Trade War as an excuse. Shows how unbalanced & unfair trade is, but we will fix it…..
— Donald J. Trump (@realDonaldTrump) June 26, 2018
….When I had Harley-Davidson officials over to the White House, I chided them about tariffs in other countries, like India, being too high. Companies are now coming back to America. Harley must know that they won’t be able to sell back into U.S. without paying a big tax!
— Donald J. Trump (@realDonaldTrump) June 26, 2018