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US, EU Kick The Can Down The Road Again On Steel Tariffs

Harley-Davidson is one motorcycle maker that can breathe a little easier this holiday season, and here's why. On December 19, 2023, the US and the European Union officially agreed to extend their existing suspension of aluminum and steel tariffs.

The new deadline is set to expire on March 31, 2025, by which time a more permanent deal will hopefully be hammered out between the two economic superpowers. Yes, you read that correctly: This is a pause, not a permanent solution. The European Commission refers to it as a "prolonged tariff suspension," to be more precise.

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