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Jonathan Ernst | Reuters
President Donald Trump meets Harley-Davidson representatives, including CEO Matthew Levatich (R), at the White House in Washington, United States on February 2, 2017.
President Donald Trump restores Harley -Davidson to announce he is moving some overseas operations as a result of EU retaliation tariffs against US rights.
The motorcycle builder recently
Last Wednesday, Trump said in a tweet : "Harley-Davidson should stay 100% in America, with the people who have helped you succeed, I've done so much for you, and then that, we will not forget, and your customers, or your competitors now VERY HAPPY, will not come back! "
Harley-Davidson said on June 25 that the rates put in place by the EU would increase the average cost per motorcycle by about $ 2,200 and l & # 39; 39, company I change production abroad The European Union has imposed the Tariffs in retaliation against the Trump administration 's rights on steel and aluminum imports, which constituted a Trump effort to protect US jobs.
No production will be transferred to Europe because of tariffs. company. Harley 's manufacturing plants abroad are located in Brazil, India, Australia and Thailand. In the United States, the company is closing a plant in Kansas City and relocating to York, Pennsylvania.
In 2014, the top five companies with the highest number of motorcycles in the United States were Harley-Davidson, Honda, Yamaha and Kawasaki. and Polaris, according to Statista.
– CNBC's Evelyn Cheng contributed to this report.
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