Harley, stung by tariffs, shifts some production overseas

Posted at 7:36 AM, Jun 25, 2018
and last updated 2018-06-25 13:12:09-04

MILWAUKEE (AP) -- Harley-Davidson, facing rising costs from new tariffs, will begin shifting the production of motorcycles heading for Europe from the U.S. to factories overseas.

The famed motorcycle maker said in a regulatory filing Monday that European Union tariffs on its motorcycles exported from the U.S. jumped from 6 percent to 31 percent.

Harley-Davidson Inc. said that it will not raise its prices due to "an immediate and lasting detrimental impact to its business in the region."