Business

Trump says US wooing motorcycle firms amid Harley-Davidson exit

President Trump has said that he is working to lure foreign motorcycle companies looking to move to the US, in a tweet in which he also slammed Harley-Davidson for moving production out of the country.

Earlier this afternoon Trump tweeted: "Now that Harley-Davidson is moving part of its operation out of the U.S., my Administration is working with other Motor Cycle companies who want to move into the U.S. Harley customers are not happy with their move – sales are down 7 per cent in 2017. The U.S. is where the Action is!"

Read more: UK will cover cost if Trump visits Scotland

Trump's feud with Harley-Davidson was ignited last week when the Wisconsin-based motorcycle firm announced plans to move some of its production out of the US amid the brewing tariff war between the European Union and America.

Harley-Davidson currently has production plants in Australia, Brazil, India and Thailand, but is based in Wisconsin.

Read more: Is Trump Putins Trojan horse within Nato?

[contf]
[contfnew]

CityAM

[contfnewc]
[contfnewc]

Related Articles

Business

Pressed by COVID-19 and low oil prices, Nigeria slips into recession

africanews– Nigeria, Africa’s biggest economy, entered recession for the second time in...

Business

EU Reeling From Yellow Vest Protests. What Happens if There Is a Debt Crisis?

There is a lot of talk about which economic bubble will burst...

Business

EU Reeling From Yellow Vest Protests. What Happens if There Is a Debt Crisis?

There is a lot of talk about which economic bubble will burst...

Business

Till Trump do they part: Top tech firms cut ties with Huawei following US trade blacklisting

Last week, US President Donald Trump signed an executive order aimed at...