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July 1, 2010

Born To Be Wild: Vintage And Celebrity Motorcycles At The Reagan Library

In 1983, as the classic American motorcycle manufacturer Harley-Davidson plummeted toward bankruptcy, in part as a result of fierce competition with cheaply built foreign motorcycles flooding the U.S. market, President Ronald Reagan imposed a temporary tariff on imported Japanese motorcycles that ultimately helped Harley-Davidson stave off bankruptcy and return to producing higher-quality bikes.