Trump vs. Harley-Davidson: What's really going on?

Donald Trump blasts Harley Davidson for moving production away from the US

Harley-Davidson is moving some of its production facilities away from the United States

Donald Trump has criticised the Harley-Davidson motorcycle firm over its plans to shift production away from the United States in order to avoid European Union tariffs.

Trump's attack, the latest in a series of criticisms of USA companies, was an about-face for the president, who hosted company officials and gleaming Harley-Davidson bikes on the White House lawn shortly after his inauguration. Trump tweeted. "Their employees and customers are already very angry at them". At the very end, using written shouting, he warns Harley-Davidson they will be taxed like never before. For example, India is a rapidly-growing motorcycle market and they have huge taxes on imported motorcycles from America.

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

"They'll be, actually, for over there, they're going to try to go around the tariff tax that way", Capra said. "Taxes just a Harley excuse - be patient", he said. He also used the occasion to speak against unbalanced and unfair trade, while giving assurances of finding a solution for the same. On the menu Tuesday morning are European Union tariffs and Harley-Davidson. Even Harley Davidson is not exercised over the issue and it seeks to expand its footprint overseas.

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Mr. Trump accused the motorcycle company of using tariffs as an excuse to move its company overseas without backlash. Harley's overseas manufacturing plants are in Brazil, India, Australia and Thailand.

Walker and Trump made amends, and the governor a year ago invited the president to take a ride on a Harley after he canceled a visit to the company's headquarters. "Harley must know that they won't be able to sell back into USA without paying a big tax!"

"Harley-Davidson's announcement today is the latest slap in the face to the loyal, highly-skilled workforce that made Harley an iconic American brand", said Robert Martinez Jr., president of the International Association of Machinists and Aerospace Workers. "Your motorcycles have carried American servicemembers in the war - in the wars", Trump said during a roundtable with the executives. The region accounted for 16 percent of Harley Davidson's global sales a year ago. Similarly, statements that describe future plans, objectives, outlooks, targets, guidance or goals are also forward-looking statements.

It makes sense for Harley to reposition its long-term strategy outside the United States: Last quarter, Harley's sales in the United States fell 12%, but they grew 6.8% in Europe, the Middle East, and Africa.

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The president's tweet references statements made by Harley Davidson as to why they planned to move some production in their company to an worldwide location.

Harley-Davidson says the shift to overseas production will take nine to 18 months to complete.

House Speaker Paul Ryan, whose district is home to some of Harley-Davidson's facilities, also pointed to the company as an American firm that would be a victor from tax reform. Onstage, Trump gave a shout out to "the great Peter Navarro", adding playfully that he "does like tariffs". Because most of the company's business involves long-term contracts signed years ago, he is stuck delivering products at prices that no longer generate almost as much profit. While Trump is now under significant pressure to relent on such imposed tariffs, it's likely the calls for a reversal will only raise in volume and in number, in the wake of quantifiable job losses linked directly to the president's trade strategies.

The company said it expects the tariffs to result in incremental costs of $30 million to $45 million for the rest of 2018 and $80 million to $100 million on a full-year basis. But union officials are the ones who claimed the jobs were being shifted to Thailand.

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