Tariff Quote Watch: Hogs and Washers – Tariffs Take a Toll Across The Board — Panjiva


Tariff Quote Watch: Hogs and Washers – Tariffs Take a Toll Across The Board

Cons. Discr. - Autos 661 Earnings 365 European Union 406 Industrials - Capital Goods 265 Tariff Quote Watch 91 Tariffs 1170 U.S. 3301

The 4Q earnings reports for Harley Davidson and Whirlpool illustrate the varying challenges being faced by U.S. businesses as a result of the wide variety of tariffs applied by the administration of President Donald Trump. Harley Davidson’s CFO, James Olin, expects a mixture of EU tariffs on motorcycle exports and duties on U.S. component imports to cut up to $120 million, or 15%, from pre-tax profits in 2019. U.S. exports of motorcycles by all manufacturers fell 36.1% year over year in 4Q 2018. Whirlpool meanwhile was a beneficiary of tariffs applied in January 2018 on imports of washin...

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