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Harley-Davidson, an American manufacturer of motorcycles, has denied rumors that its CEO, Matt Levatich, has criticized US President Donald Trump's international trade policy. A tweet is circulating on the popular social media platform in which Harley Davidson's CEO, Matt Levatich, says that the company's decision to move some of its operations is 100% based on President Trump's tariffs . The tweet adds that Mr Trump knows nothing about the economy and even less about the trade and the man is a moron. The tweet clearly looks fake and as a result, the company has not taken the time to answer it. Harley-Davidson sent a tweet in which Levatich is quoted saying that the tweet was fake and he never spoke to the President of the United States or anyone that way.
Matthew S Levatich, CEO of Harley Davidson, says:
"Our decision to move some of our operations is 100% based on President Trump's tariffs, Mr. Trump knows nothing about the # 39 economy, let alone trade, the man is a moron. " #MAGA @DailyCaller [19659005] @realDonaldTrump @CNN @GOP pic.twitter.com/Q1wpjUaSx4
– Judy Tinsleman (@tinsleman) ] June 26, 2018
In recent months Donald Trump and Harley-Davidson have been in the headlines on the subject of international trade policy. Harley-Davidson recently announced that it was planning to move its production outside the United States to avoid the high tariffs imposed by the European Union. Donald Trump seemed unhappy with the company's decision and he urged Harley Davidson to be "patient". The fake tweet then created a lot of engagement on Twitter and it was retweeted almost 39,000 times.
"It is shameful that we lived in a time when people are creating fake quotes.There is one on Twitter.I have never talked about the President of the United States or anyone else. anyway that way. "
– Matt Levatich, President and Chief Executive Officer, Harley-Davidson, Inc. pic.twitter.com/y2wIut1DEg– Harley-Davidson (@harleydavidson) June 27, 2018
The European Union has imposed retaliatory duties on US products, including motorcycles manufactured in America and imported into Europe, due to the fact that Donald Trump has imposed high tariffs on aluminum and steel.Harley – Davidson has already stated in a regulatory filing that EU tariffs on its motorcycles that have been exported from the US have increased between This means that on average, $ 2,200 per motorcycle was added to units exported from United States to the European Union.
Watch our video review Harley-Davidson Street Rod here:
Will the Harley-Davidson Awards be India's Affected?
The last trade chaos between Trump and Harley-Davidson due to the European Union has nothing to do with India. However, the US president had previously threatened to stop trading with India over "unfair practices". Donald Trump said he was not satisfied with the import duties levied on Harley-Davidson motorcycles imported into the United States. Previously, India had reduced duties on fully built units (CBU) by 75 to 50 percent, which made imported bikes cheaper. On the other hand, rights to locally badembled bikes have disappointed many manufacturers who have set up their production facilities in India.
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