Donald Trump has tweeted that it is “great” that many Harley-Davidson owners plan to boycott the company as a row over tariff increases.
The president of the united states said that “most of the other companies… including Harley competitors” in accordance with its decision to impose tariffs on steel and aluminum imports.
In June, Harley-Davidson said it would move part of the production outside of the united states to avoid retaliatory tariffs from the EU.
Mr Trump has already attacked the movement, threatening Harley with higher taxes.
End of the post to Twitter by @realDonaldTrump
Harley warns of trade war tariff damage
Harley to make more bikes outside of the US
Harley-Davidson declined to comment on Mr. Trump’s last criticism, but pointed to an interview, chief executive Matthew Levatich did with CNBC for the past month.
In the interview, Mr Levatich said that the signing of the preference in all cases is to supply the world of the united States.”
He said, however, that the company had invested in international manufacturing in the past 20 years due to the fact that “the trade and tariff situations in certain markets” made it “prohibitive” without this investment.
“We’re just doing, because these are important growth markets for the company that, without these investments, we would not have access to the customers, in any kind of reasonable price,” he said.The benefit of blow
Harley-Davidson, warned last month that its profit margins this year were likely to reduce to half as the trade of the tariff-bit.
Harley-Davidson is expected that the additional costs of $45-$50 million this year, because of the tariffs of the EU, as well as higher aluminum and steel prices.
The company said in June that it would shift some production of motorcycles outside of the united states to avoid the “significant” burden of European Union tariffs.
It has assembly plants in Australia, Brazil, India and Thailand, as well as in the united states, but has not said that the plant would be the extra production.
Mr Trump has said that the tariffs on steel and aluminum imports, which came into force this spring, they are necessary to protect the U.S. steel and aluminum industries claims that these are of vital importance to national security.
The tariffs have attracted retaliation by the european union, Canada, Mexico, India, and others, while increasing the cost of the metals for manufacturers in the united states.
The US has threatened to hit thousands of millions of Chinese imports, with the import taxes, some of which are already in force. It is also considered that the tariffs on foreign cars and vehicle parts.