European response to US steel duties will add $2200 to cost of exported motorcyclesHarley-Davidson plans to shift the production of some of its bikes out of the US in response to Europe’s novel tariffs on motorcycle imports.
In a stock market filing,the company said the EU’s reaction to Donald Trump’s steel tariffs, which will add $2200 (£1657) to the average cost of a motorcycle exported from the US to Europe, and will result in up to $100m of extra charges over the next couple of years. Related: Tit-for-tat tariff battle could spark downturn in global economy – BIS Continue reading...
Source: theguardian.com