Published in News

Trump praises Foxconn while threatening Harley-Davidson

by on29 June 2018

Bringing in the Taiwanese as the Americans flee to EU

US President Donald Trump praised Taiwanese high-tech company Foxconn and vaguely threatened US motorcycle maker Harley-Davidson which is threatening to move some of its operations to the EU.

Trump helped Foxconn, the world’s largest electronics contract manufacturer, to break ground on a 13,000-employee US plant.

 “As Foxconn has discovered, there is no better place to build, hire and grow than right here in the United States. America is open for business”, Trump said.
However Trump slammed Milwaukee-based motorcycle maker Harley-Davidson which he has threatened with higher taxes if it moves production for European customers overseas.

“Harley-Davidson, please build those beautiful motorcycles in the USA,” he said. “Don’t get cute with us, don’t get cute.”

Trump has levied tariffs on US allies for what he considers unfair trade practices, sparking trade disputes that Harley-Davidson cited as its reason for moving some production overseas.

Ironically Foxconn has cited Trump's technology taxes as a major challenge.


Last modified on 29 June 2018
Rate this item
(0 votes)

Read more about: