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The Independent UK
The Independent UK
Josh Marcus

Harley-Davidson, Hershey, Adidas, Mercedes warn of profit woes and tariff costs after US-EU 15% deal

Companies from a variety of industries warned about the impact of Trump administration tariffs during the latest round of quarterly financial disclosures, on the heels of the recently announced 15 percent U.S.-E.U. tariff deal and days before steeper across-the-board tariffs are set to take effect on August 1.

American motorcycle mainstay Harley-Davidson announced a net income of $108 million, down from $218 million during the same period last year, missing analyst expectations.

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