FACT CHECK: Did Harley Davidson's CEO Call President Trump 'a Moron'?

Marcus Newton
June 28, 2018

President Donald Trump sought Tuesday to avoid blame for Harley-Davidson's decision to move some motorcycle production overseas and threatened to tax the manufacturer "like never before!" as punishment for the planned production shift.

The Milwaukee-based company said on Monday it will move production of motorcycles shipped to the European Union from the United States to its worldwide facilities and forecast that the trading bloc's tariffs - introduced as a counter to Trump's tariffs on some EU-produced metals - would cost the company $90 million to $100 million a year. Trump says that he's "done so much for you, and then this".

The ratings agency says the Milwaukee company's A-minus debt has negative implications because of tariffs imposed by the European Union in retaliation for US tariffs on steel and aluminum. "We won't forget, and neither will your customers or your now very HAPPY competitors!"

"Early this year Harley-Davidson said they would move much of their plant operations in Kansas City to Thailand". The Aura will be gone and they will be taxed like never before! "Harley-Davidson said, they wanted to do that (move some manufacturing base overseas)".

Harley-Davidson announced in January it would close its Kansas City, Missouri assembly plant and consolidate jobs in York, Pennsylvania.

According to Harley-Davidson, the move "is not the company's preference, but represents the only sustainable option to make its motorcycles accessible to customers in the European Union and maintain a viable business in Europe". "Hence, they were just using Tariffs/Trade War as an excuse", he said. That was long before Tariffs were announced.

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It said that shifting targeted production from the USA to worldwide facilities could take at least nine to 18 months to be fully completed.

Rising trade tensions and retaliatory tariffs could pose serious risks for Harley-Davidson, rating agency Moody's said on Tuesday.

The tweetstorm comes one day after the president said he was "Surprised that Harley-Davidson, of all companies, would be the first to wave the white flag".

Harley-Davidson executives met with President Trump at the White House past year after President Trump canceled a visit to the company's headquarters in Milwaukee because protests had been planned.

The iconic motorcycle brand is the latest U.S. corporation to run afoul of the U.S. president, who has attacked Amazon as a tax dodger and scamming the U.S. Postal Service.

Other reports by MaliBehiribAe

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