Trump supports boycott of Harley-Davidson as tariff tensions weigh

(FOX News) - President Donald Trump said on Sunday he supported boycotts of American motorcycle manufacturer Harley Davidson on Sunday, after the company and Trump disagreed on certain tariffs imposed by the administration.

“Many @harleydavidson owners plan to boycott the company if manufacturing moves overseas. Great! Most other companies are coming in our direction, including Harley competitors. A really bad move! U.S. will soon have a level playing field, or better,” Trump wrote in a Twitter post.

The company, which is already affected by the administration’s 25% tax on steel and aluminum exported from the European Union, announced in June it would move production of bikes sold in Europe out of the U.S. as a result of the retaliatory steel tariffs imposed by the world’s largest trade bloc.

Following the latest round of tariffs, the new duties on motorcycles imported to the EU increased to 31% from just 6%. Harley-Davidson said the tariffs would add about $2,200 to the cost of the average bike built in the U.S. and exported to the trading bloc.

Read more at FOXNews.com.
 

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