This week, President Biden signed the CHIPS and Science Act of 2022 into law in a ceremony at the White House South Lawn, alongside Secretary of Commerce Gina Raimondo, and U.S. Trade Representative Katherine Tai. NMMA President Frank Hugelmeyer and Correct Craft CEO Bill Yeargin were invited and partook in the White House signing ceremony, following the recreational boating industry’s ...
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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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The Biden administration announced this week the American Jobs Plan, a $2 trillion plan that proposes investment to create jobs, rebuild infrastructure, and position the United States to better compete with China. The framework outlines several programs supported by the recreational boating industry and NMMA says it is committed to securing the priorities in a final legislative package. “We are pleased ...
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