Tag Archives: NAFTA

With the US-Mexico-Canada Agreement (USMCA) entering into force on Wednesday, July 1, 2020, NMMA is reminding members to review changes that pertain to the recreational boating industry. Members are also encouraged to read NMMA’s fact sheet on USMCA for a refresh of the main components of the agreement. Under USMCA, there are no changes to the rules of origin for ...

On Tuesday, President Donald Trump and Democrats in the U.S. House of Representatives reached an agreement to revamp the North American Free Trade Agreement (NAFTA) with Canada and Mexico – now known as the U.S.-Mexico-Canada Agreement (USMCA) – setting up a full vote in the House as early as next week. In response, NMMA said it welcomed the news, calling ...

The past few weeks have been good for the boating industry related to Canada and Mexico. President Trump lifted the 232 tariffs on aluminum and steel and Canada lifted the retaliatory tariffs that were hurting our industry on both sides of the border. Now we are focused on the final step of putting the North American trade war behind us; ...

Last week, NMMA and their members held several events and meetings on Capitol Hill and with the administration to highlight the recreational boating industry’s priorities – including trade, the Modern Fish Act, E15, and workforce development. The November midterm elections are just around the corner and NMMA is working diligently to accomplish the industry’s objectives before the end of the ...

On Monday, President Trump announced that the U.S. and Mexico reached an agreement to revise the North American Free Trade Agreement (NAFTA). Free trade between the U.S., Mexico, and Canada is a top priority for the recreational boating industry, and NMMA is encouraged by this development. In response to the breakthrough, NMMA’s President, Thom Dammrich, stated, “President Trump’s announcement on ...

This week, NMMA sent comments to U.S. Trade Representative Robert Lighthizer’s office regarding a request for negotiating objectives to modernize the North American Free Trade Agreement. The boating industry is keenly interested in the renegotiation and any consequential changes proposed. NMMA urged USTR to approach any renegotiations with an understanding of the key role Canada and Mexico play for U.S. marine ...

The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every week on BoatingIndustry.com. 1. New Jersey dealer who faked death now facing Florida charges A former New Jersey boat dealer who faked his death nearly three years to avoid criminal charges, has ...