Washington sources reported that President Donald Trump backed boycotting American motorcycle manufacturer Harley Davidson Inc on Sunday, the latest salvo in a dispute between the company and Trump over tariffs on steel. Meanwhile the Wisconsin based motorcycle manufacturer announced a plan earlier this year to move production of motorcycles for the European Union from the United States to its overseas facilities to avoid the tariffs imposed by the trading bloc in retaliation for Trump’s duties on steel and aluminium imports.
Furthermore in response, Trump has criticized Harley Davidson, calling for higher, targeted taxes and threatening to lure foreign producers to the United States to increase competition. Moreover Harley Davidson has repeatedly declined to comment on Trump's remarks over the course of the dispute. The company could not be immediately reached for comment on Sunday.
Previously Harley has forecast that the EU tariffs
would cost the company about $30 million to $45 million for the remainder of
2018 and $90 million to $100 million on a full-year basis. Moreover Donald Trump
met Saturday with a group of bikers who support him, posing for pictures with
about 180 bikers at his golf resort in Bedminster, New Jersey, where he is on
vacation.
