The US might impose new trade tariffs that may tack additional cost to European branded motorcycles reports the American Motorcycle Association.
Two specific Harmonized Tariff Schedule (HTS) codes, 87112000 and 87113000, affect piston-engine equipped motorcycles from 50cc to 500cc that are imported from European Union countries. Oddly enough, the verbiage is buried within a trade action that is supposed to ban the import of beef and beef products subjected to growth hormones.
Motorcycle brands effected if said tariffs are enacted are Aprilia, Beta, Ducati, Fantic, Gas Gas, Husqvarna, KTM, Montesa, Piaggio, Scorpa, Sherco, TM, and Vespa.
“The American Motorcyclist Association opposes the proposed tariff, because trade disputes residing within the boundaries of the agricultural industry should not be solved with trade sanctions levied against non-agricultural products,” wrote the AMA in a press release.
The Office of United States Trade Representative is formally accepting comments in regard to the manner until Monday, January 30. It would be wise to let the government body know your thoughts via its electronic comments system.