Harley says EU duties could prompt price hikes

Harley-Davidson Inc could be forced to raise prices in Europe due to EU tariffs on U.S. goods, hitting buyers of new motorcycle models when they are shipped to dealers later in the year, the head of its central European business said. Earlier this week, the European Commission said it would start charging import duties of 25 percent on a range of U.S. products from Friday after Washington imposed tariffs on EU steel and aluminum at the start of June. Harley says it is getting hit by tariffs twice: Once by the EU import duty and once by a …read more

Source:: Yahoo Finance

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