Quote:
Originally Posted by Rochard
This gets even worse.... Turns out Harley Davidson opened up a plan in Thailand because of Trump walked away from the Trans-Pacific Partnership free-trade agreement....
https://www.bloomberg.com/news/artic...mported-to-u-s
This is a perfect example of what Trump is doing to hurt American businesses. First Harley Davidson has to build a plant in Asia because Trump killed the TTP |
According to H-D official press release H-D had been planning on closing the Wisconsin plant and opening the thailand plant since 2015, way before trump bailed on tpp:
Additionally, Harley-Davidson announced in 2017 that it would be opening a manufacturing plant in Thailand. However, Harley said at the time that the decision was made to better serve the burgeoning market in southeast Asia, and that the decision would not affect manufacturing in the United States:
The Thailand facility “will allow us to be more responsive and competitive in the ASEAN region and China,” Harley-Davidson public relations manager Katie Whitmore said.
“Increased access and affordability for our customers in the region is key to growth for the company in total,” she said. “There is no intent to reduce H-D U.S. manufacturing due to this expansion.”
The plant would let Milwaukee-based Harley-Davidson avoid Thailand’s up to 60 percent tariff on imported motorcycles and help it get tax breaks when exporting to Thailand’s neighbors, thanks to a trade arrangement among members of the Association of Southeast Asian Nation (ASEAN).
https://www.reuters.com/article/us-h...-idUSKBN18L0DA
https://www.snopes.com/fact-check/ha...steel-tariffs/