Harley-Davidson puts tariff loss at $150M

Harley-Davidson is estimating up to $100 million in European Union tariff costs in 2019.

That's in addition to some $50 million this year.

"We are doing everything we can as a company to absorb the costs," Chief Financial Officer John Olin said during a conference call with analysts. "But we can't eat the whole $45 million to $55 million," so the company has lowered its motorcycle-segment profit margin this year to reflect the tariffs.

Read more from the Milwaukee Journal Sentinel.