Saturday, 30 June 2018

Trump criticizes Harley-Davidson for 'waving white flag' by making bikes overseas

The president says he is surprised that the motorcycle firm will shift production, in response to Trump’s tariffs

Harley-Davidson plans to shift the production of some of its bikes out of the US in response to Europe’s new tariffs on motorcycle imports.

In a stock market filing, the company said the EU’s reaction to Donald Trump’s steel tariffs, which will add $2,200 (£1,657) to the average cost of a motorcycle exported from the US to Europe, will result in up to $100m of extra charges over the next couple of years.

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from US news | The Guardian https://ift.tt/2Mo5LUV

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