WASHINGTON — Bill Yeargin, CEO of Correct Craft, today joined President Barack Obama in the Oval Office for the signing of free trade agreements with Panama, Colombia and Korea.
"These free trade agreements are expected to both increase jobs in the marine industry and generate 70,000 U.S. jobs nationwide," Correct Craft said in a release.
The agreements, which were negotiated by the Bush Administration, had strong bipartisan support and were strongly supported by the National Marine Manufacturers Association. Upon signing of the agreements, tariffs on boats made in the U.S. were reduced.
“I was proud to represent our industry this morning in the Oval Office as President Obama signed these important agreements,” Correct Craft CEO Bill Yeargin said in a statement. “These agreements will provide U.S. boat builders a fairer playing field as we demonstrate to the world that U.S. quality in general and Nautique quality specifically is second to none."
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