Ryan Warns of 'Escalating Taxes' with Tariffs as Trump Hits at Harley

Ryan Warns of 'Escalating Taxes' with Tariffs as Trump Hits at Harley

Ryan Warns of 'Escalating Taxes' with Tariffs as Trump Hits at Harley

Trump warned the iconic American brand that any shift in production "will be the beginning of the end".

The company reiterated Tuesday that it was moving some production of motorcycles destined for sale in the European Union to its existing global facilities to "address the additional tariffs imposed by the European Union".

We're not sure how patient Harley-Davidson can be, honestly.

"Surprised that Harley-Davidson, of all companies, would be the first to wave the White Flag". Trump then threatened the company "will be taxed like never before" if they follow through with the move.

The president is tweeting that Harley-Davidson, which already has some production in foreign markets, "should stay 100 percent in America".

Trump even made passing reference to tariffs during the meeting, saying they were a way to help the firm. The Red Hen restaurant in Lexington, Virginia, has been flooded by online criticism from backers of Trump who are angry that its owner refused service to Sarah Huckabee Sanders, the White House press secretary, last weekend.

Since announcing this week that it would relocate some of its production to mitigate the impact of retaliatory European tariffs, Harley-Davidson's chief executive has been the subject of an online smear campaign.

Harley's announcement of the Thailand plant came months after Trump pulled the United States out of the Trans-Pacific Partnership, which would have lowered import tariffs on the company's bikes in some of the fastest-growing motorcycle markets in Asia.

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Harley-Davidson, as we know, now builds bikes in Australia, Brazil, India, and Thailand.

"I'm just telling you it's false", he said.

In January, Harley-Davidson said it would close a plant in Kansas City, Missouri, due to a sharp drop in US demand for its motorcycles, but said it would consolidate work done there into its plant in York, Pennsylvania.

Harley-Davidson executives met with Trump at the White House a year ago after Trump canceled a visit to the company's headquarters in Milwaukee because protests had been planned. "And I think the people who ride Harleys aren't happy with Harley-Davidson, and I wouldn't be either".

Trump added that the administration is finishing a study on imposing tariffs on cars from the EU.

"Early this year Harley-Davidson said they would move much of their plant operations in Kansas City to Thailand".

"A Harley-Davidson should never be built in another country - never!" "I understand that the President is a tough negotiator, but I urge him to consider a more targeted approach that protects American workers and businesses".

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