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Source: https://www.nytimes.com/2018/06/25/business/harley-davidson-us-eu-tariffs.html

Last week, the European Union imposed penalties on $3.2 billion worth of American products, many of which are produced in areas that form the heart of President Trump’s political base, in response to steel and aluminum tariffs added by the White House...

Harley-Davidson said on Monday that European Union tariffs on its motorcycles had increased to 31 percent, from 6 percent. It estimated that the higher tariffs would add about $2,200 on average to every motorcycle exported from the United States to the bloc, so it said it would move the production of bikes bound for Europe outside the United States.



Submitted June 25, 2018 at 12:07PM by goodDayM https://ift.tt/2trq0de

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