0905 ET -- Powersports manufacturers Polaris and BRP are both on track to get hit by potential Trump tariffs. UBS analysts say in a research note that Polaris sources about 19% of its parts from China, which are already subject to tariffs, and about a third of their cost of goods sold is sourced from Mexico. BRP, meanwhile, does the majority of manufacturing for the U.S. market in Canada and Mexico. Japanese motorcycle makers and Harley Davidson all have little or no exposure to Mexico or Canada, with Chinese manufacturing for those domestic markets. (ben.glickman@wsj.com; @benglickman)
(END) Dow Jones Newswires
November 27, 2024 09:06 ET (14:06 GMT)
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