President Trump alleges Harley-Davidson of surrendering to EU's tariffs
President Trump alleges Harley-Davidson of surrendering to EU's tariffs
Share:

 

Washington [United States], June 27 (NT):  Following EU's retaliation on tariffs, United States President Donald Trump accused Harley-Davidson Inc. of granting to the European Union's (EU) tariffs.

Trump accusation comes after the company said it would relocate production of some motorcycles overseas in response to EU's retaliation for the president's newly imposed tariffs on imported metals,  as CNN reported.

On June 25, Trump tweeted and accused Harley-Davidson of surrendering to European tariffs.

"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.”

Earlier Trump had stated that his tariff war will profit American workers.

Trump said in another tweet that Harley-Davidson should never be built in another country and called them quitters.

"A Harley-Davidson should never be built in another country-never! Their employees and customers are already very angry at them. If they move, watch, it will be the beginning of the end - they surrendered, they quit! The Aura will be gone and they will be taxed like never before!" Trump tweeted.

The Wisconsin-based motorcycle firm declared it would shift production of motorcycles with intention for European consumers out of the US, in order to run away EU'S retaliatory tariffs.

The European union increased its 6% tariff to 31% for motorcycles, making each bike about $2,200 dearer to export, Harley-Davidson stated.

 However White House press secretary Sarah Sanders on June 25, stated Trump's new trade and economic policies are helpful for the American economy.

The EU is attempting to penalize U.S. workers with unreasonable and biased trade policies. Trump will keep on pushing for a free, fair and reciprocal trade with expectations that the EU will join its hand to US in that, Sanders hoped.

 Worth mention here the US announced to impose 25 and 10 percent tariffs on steel and aluminium respectively on three of its biggest trading partners - Canada, Mexico and the EU On May 31.

Last week In response to Trump tariffs on steel and aluminum, EU imposed tariffs on the US. (NT)

 

 

 

Join NewsTrack Whatsapp group
Related News