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Trump threatens Harley-Davidson with taxes

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President Donald Trump said Harley-Davidson would be "taxed like never before" if it moves production overseas.

Harley officials announced Monday the company would move some production overseas because of increased costs from the European Union's retaliatory tariffs against the Trump administration's duties on steel and aluminum.

"A Harley-Davidson should never be built in another country-never! Their employees and customers are already very angry at them. If they move, watch, it will be the beginning of the end - they surrendered, they quit! The Aura will be gone and they will be taxed like never before!" Trump said in a tweet.

Read more from CNBC.

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