Trump tweets about Harley-Davidson boycott

NEW YORK (AP) — President Donald Trump is backing calls for a Harley-Davidson boycott amid an ongoing steel tariff dispute.

Harley-Davidson drew Trump's wrath in June after the manufacturer announced it is moving production of motorcycles sold in Europe to facilities outside the U.S. The company blames the decision on tariffs imposed by the European Union to retaliate for tariffs Trump imposed on a host of EU products.

On Sunday Trump tweeted that "many" Harley-Davidson owners plan to boycott the company if manufacturing moves overseas.

That followed Trump's meeting on Saturday with about 180 bikers who are part of a "Bikers for Trump" fan group at his golf course in Bedminster, New Jersey.

Milwaukee-based Harley-Davidson declined to comment. In July, Harley-Davidson said it expects new tariffs to cost the company as much as $100 million annually.

Should you invest $1,000 in Harley-Davidson right now?

Before you consider Harley-Davidson, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Harley-Davidson wasn't on the list.

While Harley-Davidson currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Featured Articles and Offers

Search Headlines: