The US Government announces new tariffs on EU exports of steel and aluminium
01 Jun 2018

The US Government announces new tariffs on EU exports of steel and aluminium

As of 1 of June 2018 the Government of the United States of America will impose a 10% tariff on European aluminium products and a 25% tariff on European steel products. The European Commission has made it clear that this decision by the Trump Administration will be met by trade rebalancing measures, targeting a list of US products with additional duties as allowed by WTO rules.

European authorities may decide to increase customs duties on American exports of motorcycles into the EU. This situation is already creating considerable economic uncertainty in both side of the Atlantic. Indeed, American manufacturers but also European dealers and consumers would be affected if trade restrictive measures are adopted.

A final decision will be taken by the European Commission after consulting with EU Member States on 20 June 2018.

Note for editors

The European Association of Motorcycle Manufacturers (ACEM) represents manufacturers of mopeds, motorcycles, three-wheelers and quadricycles (L-category vehicles) in Europe. ACEM members include 17 manufacturing companies and 17 national industry associations.

ACEM manufacturing members, which include some of the largest multinationals in the sector, are: BMW Motorrad, Bombardier Recreational Products (BRP), Ducati Motor holding, Harley-Davidson, Honda, Kawasaki, KTM, KYMCO, MV Agusta, Peugeot Scooters, PIAGGIO, Polaris Industries, Renault, Royal Enfield, Suzuki, Triumph Motorcycles and Yamaha.

About 300,000 jobs depend on the motorcycle, moped, tricycle and quadricycle industry in the EU.

Press contact

Manuel Ordonez de Barraicua. ACEM communications manager
  
+32 (0)22 30 97 32

 

 

Publications and events

Contact us

European Association of Motorcycle Manufacturers

Avenue de la Joyeuse Entrée, 1 B1040
Brussels Belgium

+32 (0)22 30 97 32

VAT BE0451945071

Transparency register - 02480451230-88