On Tuesday, Harley Davidson posted a drop in first-quarter sales and earnings. It cited tariffs between the United States, the European Union and China as part of the reason for its weak performance.
Both the European Union and China retaliated against US-imposed tariffs by adding their own levies.
In response, President Donald Trump tweeted Tuesday that the tariffs Harley had to face were unfair and that the United States would reciprocate.
Last year, the company vowed to move some of its production to the European Union to mitigate the cost of tariffs and to make motorcycles where it sells them. The move earned the company criticism from Trump, who encouraged people to boycott Harley.
Notwithstanding the noise around its results, Harley exceeded analysts' expectations for an even weaker quarter.
Revenue stood at $1.4 billion, while net income between January and March was $127.9 million.
The company also cited weak US retail sales as reason for the lower sales number in the first quarter.
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