Harley-Davidson: Donald Trump’s Pledge to Keep the Company American
Posted August 2, 2023 by: Admin
Harley-Davidson, the American motorcycle manufacturer, has been caught in the middle of a trade war between the United States and Europe, which has prompted the company’s CEO to publicly address the issue on Twitter.
The trade conflict began when US President Donald Trump imposed hefty tariffs on steel and aluminum imports from Europe. In response, the European Union (EU) retaliated by imposing its own tariffs on American goods, including motorcycles.
These tariffs have had a significant impact on Harley-Davidson, which is now facing higher costs in Europe. The company decided to shift some of its production to international facilities to avoid the EU tariffs, a move that angered President Trump.
Harley-Davidson’s CEO, Matthew Levatich, took to Twitter to explain the company’s decision, stating that they had no choice but to address the tariffs and protect their customers and business. He also mentioned that the company is committed to American manufacturing and hopes to bring production back to the US when feasible.
President Trump responded to the company’s decision by criticizing Harley-Davidson on Twitter, accusing them of using the tariffs as an excuse to move jobs overseas. He also threatened that the company would be “taxed like never before” if they continued with their plans.
The situation reflects the escalating tensions between the United States and its trading partners, as the repercussions of the trade war become more apparent. It also highlights the challenges faced by companies that operate on a global scale and are caught in the crossfire of protectionist policies.
Harley-Davidson’s response to the tariffs has brought significant attention to the issue, capturing public interest on social media platforms. It remains to be seen how the trade war will unfold and if negotiations between the US and EU can resolve the issue in a mutually beneficial manner.
