IT already sourced to India Harley-Davidson, blaming retaliatory tariffs, to shift some production abroad

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Leroy N. Soetoro

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Jun 28, 2018, 12:46:17 PM6/28/18
to
Slap a 100% tariff on every Harley Davidson manufactured outside the USA
and shipped into the USA. Put this anti-American pretender out of
business.

https://abcnews.go.com/Politics/harley-davidson-blaming-retaliatory-
tariffs-shift-production-abroad/story?id=56151002

President Donald Trump accused Harley-Davidson Monday of waving "the white

flag" after the iconic motorcycle brand, citing the financial burden of
new tariffs levied against American products in the trade dispute between
the president and the European Union, disclosed plans to relocate some of
its production overseas.

The president, who once showcased the company's motorcycles at the White
House while touting domestic manufacturing, said he was "surprised" by the
move.

Harley-Davidson divulged the plans in a Securities and Exchange Commission
filing Monday morning which draws a direct link between the Trump
administration's implementation of steel and aluminum tariffs against the
E.U. and its transfer of motorcycle production for "E.U. destinations" to
"international facilities."

On Friday, the E.U. began to tax early $3.3 billion worth of imports from
the U.S., including Harley-Davidson motorcycles, in response to the Trump
administration's 25 and 10 percent tariffs on steel and aluminum,
respectively, imposed in late May. Harley-Davidson claimed Monday that the
E.U.'s action increased the tariffs on its motorcycles "from 6 percent to
31 percent."

"Harley-Davidson will not raise its manufacturer’s suggested retail prices
or wholesale prices to its dealers to cover the costs of the retaliatory
tariffs," the company stated in the SEC notice, adding, "To address the
substantial cost of this tariff burden long-term, Harley-Davidson will be
implementing a plan to shift production of motorcycles for EU destinations
from the U.S. to its international facilities to avoid the tariff burden."

The president responded to the situation via Twitter Monday afternoon,
writing that he was "surprised that Harley-Davidson, of all companies,
would be the first to wave the White Flag."

"I fought hard for them and ultimately they will not pay tariffs selling
into the E.U., which has hurt us badly on trade, down $151 Billion," he
continued. "Taxes just a Harley excuse - be patient!"


Donald J. Trump
?
@realDonaldTrump
Surprised that Harley-Davidson, of all companies, would be the first to
wave the White Flag. I fought hard for them and ultimately they will not
pay tariffs selling into the E.U., which has hurt us badly on trade, down
$151 Billion. Taxes just a Harley excuse - be patient! #MAGA

2:28 PM - Jun 25, 2018
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Trump's claim that "ultimately [Harley-Davidson] will not pay tariffs,"
appeared to imply that he believed that the E.U. would reverse its
decision.

In February 2017, Trump welcomed Harley-Davidson executives to Washington
and viewed a number of the company's motorcycles on the White House South
Lawn. At the time, he specifically thanked the company "for building
things in America."

"I think you’re going to even expand -- I know your business is now doing
very well and there’s a lot of spirit right now in the country that you
weren’t having so much in the last number of months that you have right
now," the president added.

While the company said that it expects it will take "9 to 18 months" to
increase production at its facilities abroad, the move is already drawing
the ire of tariff critics, including members of the president's own party.

“Unfortunately, this confirms my concerns and is a far too predictable
outcome of policies that give companies like Harley-Davidson incentives to

make their products elsewhere," Sen. Ron Johnson, R-Wis., who represents
Harley-Davidson's home state, said in a statement. "We need to hold China
accountable for its trade abuses, but that does not need to come at the
expense of American workers and businesses.”

The office of Speaker of the House Paul Ryan, R-Wis., whose congressional
district sits less than an hour south of the company's headquarters, was
additionally critical of the trade stand-off.

"This is further proof of the harm from unilateral tariffs," a
spokesperson for Ryan said in a statement. "The best way to help American
workers, consumers, and manufacturers is to open new markets for them, not
to raise barriers to our own market."

Asked earlier Monday about the news at the day's press briefing and
whether such tariff imposition would continue, White House press secretary
Sarah Sanders claimed that Trump's "trade and economic policies have been
a huge benefit to the American economy" and placed the blame on the E.U.,
arguing that it was "trying to punish U.S. workers because they have
engaged repeatedly in unfair trade practices."

"The president is saying, 'enough is enough," she added.

The disclosure Monday from the Milwaukee-based brand comes just three days
before Trump is expected to travel to the Milwaukee area for a ceremonial
groundbreaking at the first U.S. factory location of Asian electronics
manufacturing giant Foxconn. Trump has repeatedly referred to Foxconn's
$10 billion investment in southeast Wisconsin – first announced at the
White House in June 2017 – as evidence of his commitment to American
manufacturing.

Harley-Davidson said Monday that it "maintains a strong commitment to
U.S.-based manufacturing" and that while the increase in overseas
manufacturing "is not the company's preference," it "represents the only
sustainable option to make its motorcycles accessible to customers in the
EU and maintain a viable business in Europe."


--
Donald J. Trump, 304 electoral votes to 227, defeated compulsive liar in
denial Hillary Rodham Clinton on December 19th, 2016. The clown car
parade of the democrat party ran out of gas and got run over by a Trump
truck.

Congratulations President Trump. Thank you for cleaning up the disaster
of the Obama presidency.

Under Barack Obama's leadership, the United States of America became the
The World According To Garp.

ObamaCare is a total 100% failure and no lie that can be put forth by its
supporters can dispute that.

Obama jobs, the result of ObamaCare. 12-15 working hours a week at minimum
wage, no benefits and the primary revenue stream for ObamaCare. It can't
be funded with money people don't have, yet liberals lie about how great
it is.

Obama increased total debt from $10 trillion to $20 trillion in the eight
years he was in office, and sold out heterosexuals for Hollywood queer
liberal democrat donors.
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