The global trade war has intensified in the past two weeks, and the recreational boating industry has been placed in the crosshairs. The National Marine Manufacturers Association continues to pressure the Trump Administration to resolve this conflict and is working with Congress on legislative solutions while keeping members updated and media informed of the association’s message. NMMA needs the industry’s ...
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Aluminum sheet countervailing duty amounts announced
The U.S. Commerce Department has announced the countervailing duty amounts on aluminum sheet from China. The countervailing duty is the first tariff to be applied on imports of aluminum sheet from China stemming from Commerce’s self-initiation of an unfair trade investigation last November. The second one of these tariffs is the anti-dumping tariff, which is expected to be announced soon. ...
Read More »NMMA opposes tariffs on multiple fronts
The National Marine Manufacturers Association has voiced its opposition and supported the efforts of like-minded members of Congress in three key ways in recent weeks. NMMA’s government relations team distributed statements of opposition jointly endorsed with International Council of Marine Industry Association and the European Boating Industry, highlighted the marine industry during Congressional hearings with the Trump Adminstration, and held ...
Read More »U.S. Commerce Department provides aluminum tariff update
Earlier this month, President Donald Trump exercised his authority under Section 232 of the Trade Expansion Act of 1962 to impose a 10 percent worldwide tariff on aluminum. As part of the announcement, the Trump Administration has provided for an exemption process of certain types of aluminum “not to be produced in the United States in a sufficient and reasonably ...
Read More »NMMA condemns aluminum tariffs, issues action call
Thom Dammrich, NMMA president, reiterated the recreational boating industry’s concerns following President Trump’s formal announcement yesterday of new tariffs on steel imports (a 25 percent tariff) and aluminum imports (a 10 percent tariff) – releasing the following statement: “The Administration’s short-sighted decision to implement new tariffs is meant to fulfill a campaign promise rather than support robust, pro-growth trade policy. ...
Read More »NMMA working with Congress to build case against global tariffs
The National Marine Manufacturers Association worked with several members of Congress, including several key boating advocates, on a letter issued to President Donald Trump yesterday, urging him not to impose global tariffs on steel and aluminum imports. The letter follows Trump’s announcement last week to impose tariffs on imported steel and aluminum, a tariff that is separate from the U.S. ...
Read More »Global Trade is Tough – Aluminum Proves It
In November the U.S. Department of Commerce announced a historic self-initiated investigation into whether China is selling certain aluminum product into the United States at below fair market value. What made this action historic was that the Department has not self-initiated an investigation in over 25 years. Normally, the catalyst for an investigation is a complaint by an impacted U.S. ...
Read More »NMMA pushes ethanol reform, tackles aluminum sheet tariff
President Donald Trump met Tuesday with U.S. senators representing oil refiners and those representing corn and ethanol producers to discuss options for reforming the Renewable Fuel Standard. NMMA, along with its partners in creating a “Smarter Fuel Future,” released the following statement in response to the meeting, whose interests were not represented: “For the last 10 years, the current Renewable ...
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