Tag Archives: EU

EU removes retaliatory tariffs on American boats entering Europe

The United States and European Union (EU) announced a deal to remove steel and aluminum tariffs, resulting in the full removal of the 25% retaliatory tariffs imposed on American-made boats and engines entering the EU. Since the tariffs were implemented in 2018, the NMMA team has dedicated significant attention and resources to resolving this issue. The suspension of the retaliatory tariffs ...

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International boating industry urges President-Elect to resolve trade issues

boating trade tariffs

NMMA, the European Boating Industry (EBI), and the International Council of Marine Industry Associations (ICOMIA) sent a letter to President-Elect Joe Biden congratulating him on his election victory and calling on him to swiftly address trade relations between Europe and the U.S. Following the Trump administration’s Section 232 tariffs on aluminum and steel imports, the E.U. responded by levying a 25% retaliatory ...

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International boating community urges trade officials to remove tariffs

boating tariffs

NMMA, the International Council of Marine Industry Associations (ICOMIA), and the European Boating Industry (EBI) sent a letter to the United States (U.S.) and European Union (EU) trade officials applauding their recent progress on trade negotiations and urging them to reach an agreement that removes the EU’s 25% tariff on U.S. manufactured boats. “Since 2018, the United States’ worldwide steel and aluminum ...

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