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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 aluminum imports.
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.
"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 said in a Twitter post.
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.
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.
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.
Motorcycle companies based outside the United States include
Japan's Honda Motor Co Ltd <7267.T> and Yamaha Corp <7951.T>,
Europe's BMW <BMWG.DE> and Ducati as well as India's Hero
MotoCorp Ltd <HROM.NS>, Bajaj Auto Ltd <BAJA.NS>, among others.
(Reporting by Ginger Gibson; editing by Grant McCool)
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