“Harley-Davidson, up against spiraling costs from tariffs, will begin shifting the production of motorcycles headed for Europe from the U.S. to factories overseas… The maker of the iconic American motorcycle said in a regulatory filing Monday that EU tariffs on its motorcycles exported from the U.S. jumped between 6 percent and 31 percent. The company said it expects the tariffs will result in an incremental cost of about $2,200 per average motorcycle exported from the U.S. to the EU,” the Associated Press reports.
First Read: “It’s the unintended consequence of Trump’s tariff move, and it’s particularly stinging to Republicans, who have often held up Harley as exactly the kind of U.S. company that their policies would help to grow.”
The iconic American motorcycle manufacturer joins other American companies in continuing to move their production out of America despite Trump’s early crowing about how he was going to keep jobs IN America….
Here’s the Harley-Davidson post….