Harley-Davidson statement on the customs dispute
MILWAUKEE, May 17, 2021 - Response to today's EU announcement Valdis Dombrovskis, Executive Vice President of Harley-Davidson , Inc. (“Harley-Davidson”) (NYSE: HOG), reiterates his commitment to defending its position in Europe . The Company will continue to pursue its legal challenge to the revocation of Binding Origin Information (BOI) and its request for extended trust.
Harley-Davidson remains committed to free and fair trade and focused on remaining globally competitive on behalf of all of its stakeholders. Harley-Davidson is also committed to ensuring that its customers around the world have access to Harley-Davidson products.
Jochen Zeitz, Chairman, President and CEO of Harley-Davidson:
“We are encouraged by today's announcement that tariffs on our products will not increase 31% to 56% This is the first step in the right direction in an argument we are not having. Harley-Davidson employees, dealers, stakeholders and motorcycles have no place in this trade war. These tariffs give other motorcycle manufacturers an unfair competitive advantage in the EU. European motorcycles only pay up to 2.4% to import into the USA.
We want free and fair trade. UNITED WE RIDE . “
HARLEY DAVIDSON
