Quoted: Mark Copelovitch, an associate professor at the University of Wisconsin-Madison LaFollette School of Public Affairs and expert on international political economy and the European Union, said Harley-Davidson’s announcement highlights the impact of Trump’s tariffs on U.S. companies.
“Harley-Davidson’s announcement illustrates the serious and direct consequences for American companies of the Trump administration’s protectionist trade policies and the retaliatory tariffs imposed by the EU and other major trading partners such as Canada and China,” Copelovitch said in an email. “Harley’s announced plans to shift production of its motorcycles for sale in the EU is the predictable response of a firm facing rising prices overseas for its exports as a result of the tariffs, which would raise the price of motorcycles sold in Europe by about $2,200 on average.”