Tag Archives: aluminum tariffs

U.S., U.K. reach deal on Section 232 tariffs

U.S. Capitol building

The United States Department of Commerce announced the U.S. and United Kingdom (U.K.) reached a deal to ease steel and aluminum tariffs, allowing U.K. steel and aluminum products to enter the U.S. without application of Section 232 tariffs. Retaliatory tariffs on over $500 million worth of U.S. exports to the U.K on goods, including American-made recreational boats, will be lifted. Since ...

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US and Japan agree to cut steel tariffs

The U.S. and Japan are set to announce a deal that would cut tariffs on steel. Under the agreement, a limited amount of Japanese steel will be allowed for import without the 25% levy imposed by President Trump in 2018. If Japan goes over that amount, the tariff would return. Japan is one of the top 10 sources of steel to the ...

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NMMA issues industry-wide action call against tariff

The National Marine Manufacturers Association is calling on industry stakeholders to sound off against the new 167.16 percent tariff on Chinese common alloy aluminum sheet imports. The total tariff on the key boating industry manufacturing material now stands at more than 200 percent. The Trump Administration claims its trade policies aim to level the playing field for American workers, but ...

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NMMA fighting trade war on three fronts

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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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 ...

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