Trump lauds Taiwan's Foxconn, threatens Harley on Wisconsin journey

MT. PLEASANT, Wis. (P3PWriter) – U.S. President Donald Trump praised Taiwanese high-tech firm Foxconn and vaguely threatened U.S. bike maker Harley-Davidson on a campaign-style journey on Thursday to Wisconsin, a state that supported him within the 2016 election.

In opposition to a backdrop of a rising commerce battle between the US and China, Trump helped Foxconn, the world’s largest electronics contract producer, to interrupt floor on a 13,000-employee U.S. plant.

“As Foxconn has found, there isn’t any higher place to construct, rent and develop than proper right here in the US. America is open for enterprise,” Trump mentioned.

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Trump additionally had phrases for Milwaukee-based bike maker Harley-Davidson Inc (HOG.N), which he has threatened with larger taxes if it strikes manufacturing for European prospects abroad.

“Harley-Davidson, please construct these stunning bikes within the USA,” he mentioned. “Don’t get cute with us, don’t get cute.”

Trump has levied tariffs on U.S. allies for what he considers unfair commerce practices, sparking commerce disputes that Harley-Davidson cited as its cause for shifting some manufacturing abroad and which Foxconn has additionally cited as a serious problem.

Foxconn is formally referred to as Hon Hai Precision Business Co Ltd. (2317.TW)

Reporting by Jeff Mason; Further reporting by Tim Ahmann; enhancing by Kevin Drawbaugh and Grant McCool

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