BUSINESS/EU/TARIFFS/TRUMP AS PRESIDENT: “President Donald Trump on Tuesday [7-3-18] continued his criticisms of Harley-Davidson, saying his administration is working with motorcycle companies who want to work in the United States…Harley-Davidson and Trump have been at odds since last week after the company announced it would move some production overseas to avoid tariffs imposed by the European Union. Those tariffs are a response to the Trump administration’s tariffs on steel and aluminum imports. ‘The tremendous cost increase, if passed onto its dealers and retail customers, would have an immediate and lasting detrimental impact to its business in the region,’ the company said in late June. The president has warned Wisconsin-based Harley-Davidson that the company will suffer losses if it moves production abroad and that his supporters are unhappy with the company’s plans. As for company’s losses, Harley-Davidson has reported a four-year decline in motorcycle retail sales in the United States ever since 2014. Harley-Davidson currently has factories in Australia, India and Brazil.”
-Didi Martinez, “Trump to Harley-Davidson: We’re working with motorcycle companies that want to move to U.S.,” Politico, July 3, 2018 10:57 am