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Harley-Davidson, Inc. To Vigorously Defend Its Position Following Aggressive EU Tariff Ruling


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MILWAUKEE, April 19, 2021 /PRNewswire/ Harley-Davidson, Inc. ( Harley-Davidson ) (NYSE: HOG) has received notification from the Economic Ministry of Belgium, that following a request from the European Union (E.U.), the company would be subject to the revocation of Binding Origin Information (BOI) credentials, effective April 19, 2021.
Harley-Davidson will be lodging an immediate legal challenge to this decision
.
Since 2019, the company has operated with BOI regulatory credentials, allowing it to supply its E.U. markets with certain motorcycles produced at its international manufacturing facilities at tariff rates of 6%.
The E.U. s new ruling will apply to the entire Harley-Davidson product portfolio and will effectively prohibit the company from functioning competitively in Europe. From June 2021, all Harley-Davidson products, regardless of origin, will be subject to a 56% import tariff within the E.U. ....

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Coronacrisis: Bijna drie kwart van Belgen zegt zich aan de regels te willen houden rond kerstperiode - België

Coronacrisis: Bijna drie kwart van Belgen zegt zich aan de regels te willen houden rond kerstperiode - België
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