Harley-Davidson Lowers 2025 Tariff Impact Forecast Following U.S.-China Trade Update

Harley-Davidson, Inc. has reduced its projected 2025 tariff costs related to U.S.-China trade tensions. Initially estimated at $75–$100 million, the company now expects a lower impact of $30–$55 million due to a temporary 90-day reduction in tariffs to 30% from May 12 to August 12. If the lower tariff rate extends through year-end, costs could drop further to $10–$35 million.

Harley-Davidson also confirmed that progress continues on the planned HDFS (Harley-Davidson Financial Services) transaction, with multiple interested parties. The company expects to provide more details during its Q2 earnings and aims to close the deal in Q3 2025, pending board approval.