Tag Archives: 25 percent tariffs

European retaliatory tariffs on U.S. Boats become effective Friday

The European Commission has formally approved 25 percent tariffs on a range of American products, including boats, in response to the Trump Administration’s Section 232 tariffs on all aluminum and steel imports. After today (Thursday, June 21),  a 25 percent tariff will be applied to every boat destined for the EU. The global trade war has intensified in the past ...

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