Trump threatens trade war with EU over Harley Davidson tariffs: ‘We will Reciprocate!’



Tom Embury-Dennis | The Independent

Donald Trump has threatened to launch a trade war with the EU over tariffs imposed on Harley Davidson.

Following a lengthy and rambling tirade about news media outlets which have covered stories that reflect badly on him, the president began by apparently quoting a Fox News business correspondent as saying: “Harley Davidson has struggled with Tariffs with the EU, currently paying 31%. They’ve had to move production overseas to try and offset some of that Tariff that they’ve been hit with which will rise to 66% in June of 2021.”

Responding to the claim, he wrote: “So unfair to U.S. We will Reciprocate!”

Harley Davidson saw profits wiped out in the final quarter of last year, primarily due to the costs of new tariffs which were in fact instigated by Mr Trump himself. 

[Read more here.]