October 23, 2018 / 1:56 PM / 24 days ago

Harley-Davidson expects up to $48 mln in costs from tariffs in 2018

Oct 23 (Reuters) - Harley-Davidson Inc said on Tuesday it expects up to $48 million in costs related to tariffs in 2018, mostly from China and the European Union.

The company said on a post-earnings conference call it spent more on raw materials in the third quarter and expects the tariffs to add around $15 million to $20 million in costs for raw materials such as steel and aluminium.

Reporting By Aparajita Saxena in Bengaluru; Editing by Arun Koyyur

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