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Tag Archives: President Donald Trump

Trump, Congressional Democrats strike deal on new NAFTA

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 ...

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Trump Administration announces Section 301 List 4A exclusion process

The Office of the U.S. Trade Representative (USTR) recently announced that on Thursday, Oct. 31, 2019 it will begin accepting tariff exclusion requests for Chinese products subject to an additional 15% tariff (Section 301 List 4A) that went into effect on Sep. 1, 2019. Exclusion requests will be received via USTR’s online exclusion request processing portal at exclusions.ustr.gov – details regarding the ...

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Trump Administration announces partnership to grow outdoor recreation economy

Last week, in support of the Trump administration’s Executive Order on Promoting Agriculture and Rural Prosperity in America, the U.S. Environmental Protection Agency (EPA), the U.S. Department of Agriculture (USDA) Forest Service and the Northern Border Regional Commission (NBRC) announced the selection of 10 communities under the Recreation Economy for Rural Communities assistance program to help revitalize their Main Streets ...

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US-China trade war continues to intensify

Late last week, President Donald Trump announced that his administration will raise duties on $250 billion in Chinese goods from 25% to 30% and increase tariffs on another $300 billion in products from 10% to 15%. The move comes on the heels of recent actions by both China and the U.S. that have escalated the long running trade war, which ...

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Trump Administration announces additional tariffs on Chinese products

Late last week, President Trump announced that trade talks between the U.S. and China had broken down and that, beginning Sep. 1, 2019, the U.S. will impose a 10% tariff on the remaining $300 billion of goods not already subject to previous Section 301 trade actions. The NMMA said it has long cautioned against levying additional tariffs on China, which ...

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National Safe Boating Week is underway with fresh focus

Each year over 140 million Americans take to the water on a boat. Making sure they get back to the dock safely is the idea behind National Safe Boating Week May 18 – 24. Boating safety advocates across the U.S., including the marine industry, work together with the U.S. Coast Guard (USCG) to improve awareness of basic boating safety best ...

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Trump Administration announces new Section 301 tariffs

On Monday, the United States Trade Representative (USTR) posted a Federal Register notice announcing the process for its proposed Section 301 tariff of 25 percent on an additional $300 billion worth of Chinese products (List 4). USTR’s action follows a recent setback in trade negotiations between the U.S. and China and would apply a 25 percent tariff on all remaining Chinese imports ...

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Open letter to President Trump

Dear President Trump, I cannot imagine how tough a job it is being President. Though I am sure you receive lots of advice, I would like to share a few thoughts on topics I hope you will consider as you enter your third year in office: Trade War – As previous Co-Chair of the Manufacturing Council’s Trade and Tax Policy ...

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TPP – Thank you President Trump for reconsidering

Global trade has been in the headlines recently and many are concerned about the impact of a trade war. The U.S. and China have both been using threatening rhetoric that has some people worried. Because of these developments, President Trump has recently asked his team to reconsider the administration’s position on the Trans-Pacific Partnership (TPP). TPP was a hot campaign ...

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Boating businesses give Trump administration positive grade

Water access, ethanol, tax policy are top concerns By Tim Hennagir Trump administration policies implemented in the president’s first year in office are having a positive effect, according to a majority of those surveyed by Boating Industry. However, when asked about the scope of overall government regulation and its ongoing impact upon marine businesses, many respondents provided strong responses when ...

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