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Harley-Davidson vrooms to Europe

June 26, 2018

Via: Politico

Harley-Davidson announced Monday that it’ll be shifting some production of its world-famous motorcycles overseas to avoid new tariffs the European Union has imposed on U.S. exports — tariffs that were themselves levied as retaliation against new U.S. tariffs on steel and aluminum. The company said it would start making motorcycles for the European market at facilities outside the U.S. since “the EU retaliatory tariffs of 25 percent would mean a motorbike shipped from the U.S to Europe would now face a tariff of 31 percent, up from 6 percent, leading to an average cost increase of $2,200 per motorcycle,” reports POLITICO Europe’s Jakob Hanke.

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