Tag Archives: EU Tariffs

With the advent of the new year, the European Union’s (EU) 25% retaliatory tariff on American-made boats has been lifted, per the agreement reached late last year between representatives from the U.S. Department of Commerce and Office of the U.S. Trade Representative and their respective EU counterparts.  Announced in November, the agreement to remove the retaliatory tariff imposed on U.S. ...

In a briefing with NMMA, representatives from the U.S. Department of Commerce and Office of the U.S. Trade Representative confirmed that the European Union’s (EU) 25% retaliatory tariff on American-made boats will be lifted on January 1, 2022, provided the U.S. rolls back its Section 232 tariffs on aluminum and steel by January 1, 2022. Additionally, the officials confirmed that ...