alt Hacker News>25% on South Korea, 32% on Taiwan, 36% on Thailand, 46% on Vietnam
Harley Davidson moved some of its production to Thailand in 2018 to avoid a 31% tariff the EU had on US manufactured motorcycles, announced in 2024 it was moving more production there, and prior to today had plans to sell the Thailand produced bikes back into the US, as the US had a 0% tariff on bikes. Not surprisingly Thailand has a 60% tariff on imported motorcycles.
This tariff jumping is real. I guess we will see how it works out for the US.
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This underscores the difficulty companies have trying to navigate through this. Even if Trump doesn't change his mind tomorrow, as he's liable to, he's only around for another four years and for most companies that's not enough time to justify a supply chain overhaul.
Just think how many companies moved production from China to Vietnam to avoid China tariffs, and now tariffs on Vietnam are larger than on China.