Trump warms to Harley Davidson, says EU tariffs 'unfair'
(Recasts, adds background)
WASHINGTON, April 23 (Reuters) - U.S. President Donald Trump
on Tuesday appeared to reverse course on Harley Davidson Inc
, saying European tariffs facing the motorcycle
manufacturer were "unfair" and vowing to reciprocate, after
urging a boycott of the company last year amid a steel spat.
The Wisconsin-based company last year announced plans to
move production of its motorcycles destined for the European
Union to its overseas facilities from the United States to avoid
EU tariffs imposed in response to Trump's duties on steel and
Trump retaliated by calling for higher taxes, threatening to
lure foreign motorcycles to the United States, and backing a
boycott of the iconic American motorcycle maker.
On Tuesday, Trump appeared more sympathetic, calling the EU
tariffs "unfair" but giving no other details about any planned
U.S. action in a tweet citing comments by a Fox Business Network
"So unfair to U.S. We will Reciprocate!" Trump wrote.
On Saturday, Trump is scheduled to travel to Wisconsin to
hold a campaign rally as he seeks reelection in the 2020
Representatives for the White House did not immediately
respond to a request for comment on any planned actions, as both
the EU and the United States prepared to launch larger trade
Representatives for Harley Davidson could not be immediately
reached for comment on Trump's tweet.
The company on Tuesday reported quarterly profit that surged
past expectations and stuck to its full-year shipment forecasts
amid concerns over falling U.S. sales and European import
tariffs, sending its shares up 3 percent.
(Reporting by Susan Heavey and Makini Brice; Editing by
First Published: 2019-04-23 13:14:01
Updated 2019-04-23 13:59:12
© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.