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Harley Davidson Facebook Page<\/p>\n<\/p>\nHarley Davidson Facebook Page<\/p>\n<\/p>\n
Harley-Davidson<\/a> is down more than 2% Thursday as speculation mounts the European Union will retaliate to the US’s steel and aluminum tariffs. Harley-Davidson<\/a> is down more than 2% Thursday as speculation mounts the European Union will retaliate to the US’s steel and aluminum tariffs. <\/p>\n President Donald Trump will impose tariffs of 25% on imported steel and 10% on imported aluminum<\/a> beginning on Friday. That has raised the concern Harley-Davidson motorcycles, which were previously listed by the EU among the goods that could be hit with retaliatory tariffs,<\/a> could be taxed. Europe accounted for 19% of Harley-Davidson’s sales in the first-quarter of 2018, according to its earnings release<\/a>.See the rest of the story at Business Insider<\/a><\/p>\n NOW WATCH: Why so many fast food logos are red<\/a><\/p>\n See Also:<\/p>\n 32 beloved snacks you’ll never be able to eat again<\/a>We visited Dollar Tree and Dollar General to see which was a better store \u2014 and the winner was clear<\/a>Here are your favorite TV shows that are coming back for another season<\/a><\/p>\n SEE ALSO: Mike Pompeo ate filet mignon with a hardline North Korean official and tried to save the Trump peace summit<\/a><\/p>\n
\nThe motorcycles were previously listed by the EU among the goods that could be hit with retaliatory tariffs.
\nThe motorcycle manufacturer could be hit from both sides of the trade spat as it is already seeing increased production costs as a result of rising steel prices.
\nWatch Harley-Davidson trade in real time here. <\/a><\/p>\n<\/img><\/a>
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