"In 2017, almost 40,000 riders bought new Harley-Davidson motorcycles in Europe, and the revenue generated from the European Union countries is second only to the USA". "I wish they wouldn't".
European officials last week imposed stiff tariffs on a wide range of US -made goods sold within the European Union.
Rep. Ron DeSantis (R-FL), a Trump-backed gubernatorial candidate in Florida, appeared on Fox Business News Monday morning to say "Trump's goal isn't to have higher tariffs, I think he's using this as part of the art of the deal" suggesting the president is playing 4-dimensional chess when it comes to trade.
Harley-Davidson Inc. said that it will not raise its prices due to "an immediate and lasting detrimental impact to its business in the region", according to the AP.
"So thank you, Harley-Davidson, for building things in America", he said.
For motorcycles, the European bloc raised its 6% tariff to 31%.
Harley-Davidson said the tariffs make shifting production "the only sustainable option to make its motorcycles accessible to customers in the European Union and maintain a viable business in Europe". He wanted to highlight the company as a model for American-based manufacturing.
Says Trump: "That was long before Tariffs were announced".
The EU is "attempting to punish USA workers with unfair and discriminatory trade policies", White House Press Secretary Sarah Huckabee Sanders said.
In January, Harley-Davidson said it would close a plant in Kansas City, Missouri, due to a sharp drop in US demand for its motorcycles, but said it would consolidate work done there into its plant in York, Pennsylvania. Yet that factory is slated to build motorcycles for the Asian market, not for Europe. It plans to close another plant in Kansas City, Mo., next year.
KING: But then earlier this year, Harley-Davidson announced it would be shutting down a plant in Kansas City, Mo.
But it was not immediately clear what he meant, given that Brussels did include motorcycles on its final list of products that were hit with retaliatory tariffs beginning Friday.
Trump Threatens To Hit Harley-Davidson With Taxes If It Moves Overseas
The U.S. and China are also volleying back and forth over tariffs. Their employees and customers are already very angry at them. We're not sure how patient Harley-Davidson can be, honestly.
"Being a local Pennsylvanian and having the Harley plant right in York, my first reaction is it's a disappointment", said Egan.
The new plant in Thailand, expected to begin production later this year, will serve customers in Asia.
"We are finishing our study of Tariffs on cars from the E.U.in that they have long taken advantage of the U.S.in the form of Trade Barriers and Tariffs".
"This will go over like a Vespa at Sturgis".
"I believe he is earnestly committed to helping workers at Harley-Davidson and elsewhere", said Slaughter, a White House economist in the George W. Bush administration. "The Aura will be gone and they will be taxed like never before!"
Apart from being an American brand, Harley-Davidson is also a favorite of Trump's.
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The manufacturer has said it will take some of its production overseas to avoid the increased export tariffs imposed by the European Union in response to U.S. duty hikes of its own.
Harley-Davidson has denied a link between Kansas City and Thailand. NPR's Jim Zarroli reports. For more than a century, the company has been an icon not just in motorcycle culture but in American culture at large. During a joint address to Congress in 2017, he said he had just met with officials at the company. He could be referring to the tariffs he is attempting to unilaterally impose on foreign imports. "Yet the policy proposals reflect a fundamental misunderstanding about how many jobs in American are connected to the world". Europe is Harley-Davidson's biggest foreign market with nearly 40,000 customers there past year.
Harley Davidson expects the tariff increase to cost $2,200 more per motorcycle.
At the time, the company said it was moving manufacturing there to avoid a different tariff: this one being the 60% duty levied on Thai imports.
Trump also withdrew the United States from a Pacific trade accord that would have cut tariffs in key Asian markets, a move Harley said forced it to open the plant in Thailand to serve fast-growing markets nearby. Earlier, we spoke to Joe Capra. He's no fan of President Trump's tariffs. The ugliness of the Harley Davidson spat has spilled over into a large dispute about the U.S. trade deficit with India, which, at $ 23 billion, is less than a tenth of Beijing's surplus with Washington.
The company is already struggling with falling sales.