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Canadian Dealership Expects Major Blowback From Trump’s 50 per Cent Harley-Davidson Tariffs
Dealers say the 50% tariff on Harley-Davidson motorcycles could raise costs and disrupt sales as Canada retaliates with its own trade measures.
- President Donald Trump imposed new tariffs on a slew of Canadian imports this month, prompting Canada to retaliate with countermeasures targeting U.S. goods and escalating the trade conflict between the nations.
- Tariffs specifically target Canadian steel and aluminum exports, while also disrupting agricultural machinery and ethanol shipments vital to the U.S. Midwest economy. These measures follow escalating trade tensions between the administrations.
- Illinois-Based Deere & Company faces direct tariff expenses, with the farm machinery giant expecting to book $1.1 billion in tariff costs for the current fiscal year.
- Recent CBS News/YouGov polling indicates nearly two-thirds of Americans oppose the current trade wars, citing rising consumer prices as a major concern ahead of the November 3 midterm elections.
- While officials hope these disruptive policies will not continue, ongoing tit-for-tat measures create significant uncertainty for businesses relying on stable cross-border trade relationships between the U.S. and Canada.
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15 Articles
15 Articles
Waterloo Cedar Falls Courier+13 Reposted by 13 other sources
Tariffs on Harley-Davidson bikes? Canada takes revenge by targeting Trump's political weaknesses
Shortly after President Donald Trump imposed new tariffs on a slew of Canadian imports, aiming to cripple its economy unless it bends to his will, Canada took more careful aim when returning fire this month.
·Waterloo, United States
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Coverage Details
Total News Sources15
Leaning Left2Leaning Right1Center11Last UpdatedBias Distribution79% Center
Bias Distribution
- 79% of the sources are Center
79% Center
14%
C 79%
Factuality
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