President Trump tweeted on Tuesday that the U.S. would "reciprocate" against tariffs on Harley Davidson motorcycles imposed by the EU, which the company has partially blamed for a near 27% drop in first-quarter profit.
"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." @MariaBartiromo So unfair to U.S. We will Reciprocate!