As Harley-Davidson Looks Abroad To Juice Sales, Tariffs Hit Home
MILWAUKEE (AP) — With sales stagnant at home, Harley-Davidson has looked increasingly overseas for buyers of its iconic motorcycles.
The economic headwinds it faces are increasing however as tariffs abroad, in retaliation for U.S. duties on steel and aluminum, take a bite.
The Milwaukee company on Tuesday, citing the tariffs, lowered its expectations for operating margins this year from 9.5 percent to 10.5 percent, to 9 percent to 10 percent.
Profits have been pressured for some time, but
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