Harley-Davidson to shift some production out of US due to EU tariffs

EU tariffs on Harley-Davidson motorcycles exported from the U.S. have increased from 6% to 31%. As a result, Harley-Davidson said there will  be an incremental cost of approximately $2,200 per average motorcycle exported from the U.S. to the EU.

Harley-Davidson felt that if it passed on the cost increase to dealers and customers it would have an immediate negative impact on its business in the EU, including threatening the sustainability of its dealers’ businesses. For that reason, Harley said it would absorb the additional costs.

Donald J. Trump @realDonaldTrump

Surprised that Harley-Davidson, of all companies, would be the first to wave the White Flag. I fought hard for them and ultimately they will not pay tariffs selling into the E.U., which has hurt us badly on trade, down $151 Billion. Taxes just a Harley excuse - be patient!