Harley-Davidson stung with massive tax hike as US bikes face 56% EU import tariff
In June 2018, the EU placed a 25% incremental tariff (31% total) on motorcycles imported into the EU from the US. The tariff is scheduled to increase to 50% incremental (56% total) on June 1. Since June 2019, Harley have been able to escape most of the tariff due to Binding Origin Information (BOI) credentials. The result is that certain Harleys have been subject to just 6% tariffs. However, Harley have since been told by the EU that after a decision by the European Commission their BOI credent...
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Source: motorcyclenews.com