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President Trump is going after Harley-Davidson — once one of his favorite companies — after the motorcycle maker announced it will move some production out of the U.S. to relieve the burden of the EU's retaliatory tariffs. On Monday, Trump tweeted he was surprised Harley-Davidson was "the first to wave the White Flag."

A tweet previously embedded here has been deleted or was tweeted from an account that has been suspended or deleted.

Reality check: Harley-Davidson's shift to Thailand was also due to one of the Trump administration's trade moves. CEO Matt Levatich told Bloomberg that the decision to invest in a plant in Thailand was made after the company realized Trump's exit from the Trans-Pacific Partnership would make exporting motorcycles to Asia more expensive.

The follow-ups to Trump's tweet:

A tweet previously embedded here has been deleted or was tweeted from an account that has been suspended or deleted.
A tweet previously embedded here has been deleted or was tweeted from an account that has been suspended or deleted.

Reality check #2: Harley-Davidson isn't looking to import bikes manufactured overseas back to the U.S. Motorcycles made abroad will sell abroad, and U.S.-bound bikes will be made in the U.S.

A tweet previously embedded here has been deleted or was tweeted from an account that has been suspended or deleted.

Get more stories like this by signing up for our daily morning newsletter, Axios AM. 

Go deeper

Capitol review panel recommends more police, mobile fencing

Photo: Olivier Douliery/AFP via Getty Images

A panel appointed by Congress to review security measures at the Capitol is recommending several changes, including mobile fencing and a bigger Capitol police force, to safeguard the area after a riotous mob breached the building on Jan 6.

Why it matters: Law enforcement officials have warned there could be new plots to attack the area and target lawmakers, including during a speech President Biden is expected to give to a joint session of Congress.

Financial fallout from the Texas deep freeze

Illustration: Annelise Capossela/Axios

Texas has thawed out after an Arctic freeze last month threw the state into a power crisis. But the financial turmoil from power grid shock is just starting to take shape.

Why it matters: In total, electricity companies are billions of dollars short on the post-storm payments they now owe to the state's grid operator. There's no clear path for how they will pay — something being watched closely across the country as extreme weather events become more common.

U.S. Chamber decides against political ban for Capitol insurrection

A pedestrian passes the U.S. Chamber of Commerce headquarters as it undergoes renovation. Photo: Andrew Harrer/Bloomberg via Getty Images

The U.S. Chamber of Commerce revealed Friday it won't withhold political donations from lawmakers who simply voted against certifying the presidential election results and instead decide on a case-by-case basis.

Why it matters: The Chamber is the marquee entity representing businesses and their interests in Washington. Its memo, obtained exclusively by Axios, could set the tone for businesses debating how to handle their candidate and PAC spending following the Jan. 6 Capitol attack.