Author Topic: US Imposes Huge Tax on Japanese Motorcycle Imports!  (Read 847 times)

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Offline Phinn

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US Imposes Huge Tax on Japanese Motorcycle Imports!
« on: March 31, 2016, 06:23:40 AM »
From April 1, 1983 --

Quote
In an unusually strong protectionist action, President Reagan today ordered a tenfold increase in tariffs for imported heavyweight motorcycles.

The impact of Mr. Reagan's action, which followed the unanimous recommendation of his trade advisers, is effectively limited to Japanese manufacturers, which dominate every sector of the American motorcycle market.

The action was exceptional for protecting a single American company, the Harley-Davidson Motor Company of Milwaukee, the sole surviving American maker of motorcycles. ...

Total United States imports of heavyweight motorcycles were around 200,000 units in 1982, of which 80 percent were Japanese. Overall motorcycle imports run well over a million units a year.

http://www.nytimes.com/1983/04/02/business/us-raises-tariff-for-motorcycles.html
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Offline ekpent

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Re: US Imposes Huge Tax on Japanese Motorcycle Imports!
« Reply #1 on: March 31, 2016, 08:05:38 AM »
 That's why you see all the 700cc bike of that era.

Offline Duke McDukiedook

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Re: US Imposes Huge Tax on Japanese Motorcycle Imports!
« Reply #2 on: March 31, 2016, 09:18:51 AM »
Helped make my VFR750s more rare here.  :)
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