President Donald Trump’s trade war with the European Union is going to cost Harley-Davidson Inc. as much as $100 million a year and spur the manufacturer he embraced soon after taking office to shift production out of the US
The EU’s tariffs retaliating against Trump’s steel and aluminum levies will cost Harley about $2,200 per motorcycle shipped to Europe, according to a Monday filing. Passing that on to dealers or customers would cause an “immediate and lasting detrimental impact” on the company’s business in its second-largest market, so it’ll bear the brunt of the expense.
While Trump has repeatedly claimed that the