Conflict of Harley-Davidson and Donald trump: what happened?
In the U.S., a scandal erupted around the legendary motorcycle manufacturer Harley-Davidson. A month earlier, the company announced the transfer of production motorcycle for European customers abroad. Thus, the manufacturer is trying to avoid the EC’s response to the us administration imposed tariffs on imported steel and aluminium
Trump has imposed duties on imports of metals: 25% on imported steel and 10% aluminum.
Harley-Davidson announced that duties on metals will increase the company’s expenses by $15-20 million in 2018 and $90-100 million in 2019.
In response, Canada imposed duties on whiskey, orange juice, steel, aluminum made in the USA.
Mexico announced tariffs on American pork, apples, grapes and cheese.
The EU imposed tariffs on American whiskey, peanut butter, Harley-Davidson, Levi’s jeans and steel products.
Harley-Davidson announced the transfer of production motorcycles for EU customers abroad.
Trump threatened Harley-Davidson’s duties and bankruptcy.
Shares of Harley-Davidson fell by 6%.
After meeting with members of the motorcycle club “Bikers for trump”, the US President urged the bikers to boycott Harley-Davidson.
Harley Davidson refuses to comment on the statements of the President of the trump.