CarAndBike Team Friday JSimilar to India, the EU too proposes to increase the import tariff on American motorcycles to 25 per cent. Agence France-Presse Tuesday JHarley-Davidson plans to shift some manufacturing of its iconic motorcycles overseas to avoid retaliatory European tariffs imposed last week, the company said Monday. Harley shares closed down nearly 6 percent and analysts cut their profit forecasts on concerns about how quickly the company would be able to adapt to the 25 percent import duties the European Union. CarandBike Team (With Inputs from Reuters) Tuesday JTrump was surprised by Harley's plans but the motorcycle maker has concerns of its own. Lynch, Heather Long, The Washington Post Tuesday JHarley-Davidson, a motorcycle maker that President Donald Trump praised last year for 'building things in America,' said Monday that it was shifting some production out of the United States to escape European tariffs that had been imposed in retaliation for the president's tariffs on steel and aluminum.
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