Harley-Davidson (HOG) faces incremental tariff costs of $30 million to $55 million in 2025, down from the previous estimate of $75 million to $100 million, following the weekend's US-China trade agreement.

The revised forecast assumes that the incremental tariffs will be 30% from May 12 to Aug. 12 before reverting to 145% after the 90-day pause, the company said Monday in a regulatory filing.

"If the tariff level remains at 30% for the remainder of 2025, we expect a $65 million reduction in the original incremental tariff estimate for a total estimated cost of $10 to $35 million," the company said.

Shares of the company rose 4.6% in recent trading Monday.

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