The problem with Trump's tweet is that, while Harley makes a majority of its motorcycles at several locations in the USA, it's had several overseas manufacturing sites for years.
US President Donald Trump has asked Harley Davidson motorcycle company to stay "100 per cent" in America, warning that "we won't forget" if it went ahead with its plan to shift some of its manufacturing base offshore in response to European Union's retaliatory tariffs for US duties.
At the event, Trump heaped praise on the company for manufacturing its motorcycles in the USA and being an iconic American brand.
Trump said in one of several tweets Tuesday morning about Harley-Davidson.
"I've done so much for you, and then this", Trump wrote. So here is the string of tweets from the Commander-in-Chief: .When I had Harley-Davidson officials over to the White House, I chided them about tariffs in other countries, like India, being too high. "We won't forget, and neither will your customers or your now very HAPPY competitors!" But Trump says that's an excuse and threatened the company with a "big tax" if they move their plant. He added: "The Aura will be gone and they will be taxed like never before!"
Harley-Davidson should stay 100% in America, with the people that got you your success.
It was a stark contrast from February 2017, when Harley-Davidson executives visited Trump at the White House, even participating in a photo-op with Trump.
Those tariffs came as a result of Trump's decision to impose steep duties on steel and aluminum imports Europe and elsewhere last month.
The Wisconsin-based manufacturer of iconic motorcycles has said it planned to move some manufacturing overseas in response to European Union tariffs retaliating for U.S. duties.
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. And in response to those European Union tariffs, Harley has said it will move some bike production to Europe since it is a business after all and has to make money somehow.
It said that shifting targeted production from the U.S. to global facilities could take at least nine to 18 months to be fully completed. "Hence, they were just using Tariffs/Trade War as an excuse", he said.
S&P says it will resolve the credit watch after Harley's second-quarter earnings. But Harley-Davidson had warned previous year against responding to foreign trade barriers with higher American tariffs, saying the levies could negatively impact sales.
Harley-Davidson executives met with President Trump at the White House a year ago after President Trump canceled a visit to the company's headquarters in Milwaukee because protests had been planned.