Trump warns Harley-Davidson: 'We won't forget'

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President Donald Trump has spent two days pummeling Harley-Davidson over its decision to move some production overseas, threatening to tax the motorcycle company and warning it would lose its American allure.

His comments extended his feud with Harley-Davidson into a third day, tweeting that the motorcycle manufacturer, which already has some production in foreign markets, "should stay 100 percent in America".

Harley-Davidson shares closed down 0.6 percent at $41.32, after falling almost 6 percent on Monday. If they move, watch, it will be the beginning of the end - they surrendered, they quit!

Harley said Monday it's moving the production of motorcycles destined for Europe to factories in Thailand, India and Brazil in response to the European Union slapping a 31 percent tariff on motorcycles made in the U.S.

Since announcing this week that it would relocate some of its production to mitigate the impact of retaliatory European tariffs, Harley-Davidson's chief executive has been the subject of an online smear campaign. "Harley must know that they won't be able to sell back into USA without paying a big tax!" That was an empty threat - all motorcycles Harley sells in the USA come from American factories, and the company won't import into the market.

Harley-Davidson announced in January it would close its Kansas City, Missouri assembly plant and consolidate jobs in York, Pennsylvania. "Hence, they were just using Tariffs/Trade War as an excuse", he said.

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"A Harley-Davidson should never be built in another country-never!"

It follows a proposed plan by Harley-Davidson to move some of its production overseas.

"When I had Harley-Davidson officials over to the White House, I chided them about tariffs in other countries, like India, being too high", Trump tweeted.

Harley's announcement of the Thailand plant came months after Trump pulled the United States out of the Trans-Pacific Partnership, which would have lowered import tariffs on the company's bikes in some of the fastest-growing motorcycle markets in Asia. Harley must know that they won't be able to sell back into US without paying a big tax!

The iconic motorcycle brand is the latest U.S. corporation to run afoul of the U.S. president, who has attacked Amazon as a tax dodger and scamming the U.S. Postal Service.

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