25 Jun '18, 1am

"Trump Trade War Hits Harley Davidson, Wisconsin" #MAGA

This week marks the first in which American motorcycle icon Harley-Davidson has to face stiff trade tariffs in EU markets. It’s a move that’s being called a retaliation to Trump administration tariffs on European aluminum and steel that sees a 25% import tariff on large motorcycles coming from the US. “Large”, in this case, references motorcycles whose engines displace 500cc or more. That means the new 25% tax will hit both Harley-Davidson and Indian Motorcycles, but won’t impact electric brands like Zero. To quote Asphalt and Rubber , “the (EU) is adding the 25% tariff to the goods that fall under HS code 87114000 & 87115000 on the Harmonized Commodity Description and Coding System,” which state: ‌ 87114000: Motorcycles, incl. mopeds, with reciprocating internal combustion piston engine of a cylinder capacity > 500 cm3 but <= 800 cm3 87115000: Motorcycles, incl. mopeds, w...

Full article: https://gas2.org/2018/06/22/trump-trade-war-hits-harley-d...

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Trump Trade War Hits Harley Davidson, Wisconsin

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