HOG Struggles as EU Tariffs Hit Amid Trade War and Declining Sales
The trade war between the United States and the European Union (EU) is escalating, with the EU announcing €26 billion worth of retaliatory tariffs on American goods. This move comes shortly after the United States imposed 25% tariffs on steel and aluminum imports from the EU. Unlike before, the United States is not offering exemptions for products that are not available domestically.The EU’s countermeasures are set to take effect in two phases, on April 1 and April 13, and will affect primary American expor ...