TIL Desk/Business/Madison-Motorcycle maker Harley-Davidson, which President Donald Trump singled when he mentioned trade barriers, may disagree with his proposed solution to the problem. Trump said in his speech to Congress that executives from Harley-Davidson told him they have trouble selling motorcycles outside of the United States because of high taxes.
While other countries impose heavy taxes and tariffs on American products, the United States doesn’t do the same when importing other countries’ products, Trump said in the speech. He called for free, but fair, trade. But a lobbyist for Harley warned that imposing additional tariffs on foreign imports could end up hurting sales, in comments submitted to the Office of the United States Trade Representative earlier this year.
In a January 30 letter posted on the office’s website, Edward Moreland said Harley-Davidson opposes additional duties on the motorcycles imported from Europe because of the prospect of Europe raising their fees in response. “Harley-Davidson sells tens of thousands of motorcycles in Europe each year and retaliatory tariffs would result in a significant impact to the Motor Company’s business,” he wrote.
