Tag Archives: President Joe Biden

Biden Administration confirms tariff removal timing

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 ...

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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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White House addresses supply chain disruptions

U.S. recreational boat exports sharply down

The Biden administration convened business, shipping, and union leaders to discuss the challenges at ports across the country and around the world and actions each partner can take to address the delays and congestion across the transportation supply chain.  In the days to come, these groups will reportedly announce a series of public and private commitments to move more goods ...

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NMMA joins business groups in support of bipartisan infrastructure framework

NMMA and more than 120 manufacturing organizations representing businesses across the nation recently sent a letter urging members of Congress to pass President Biden’s Bipartisan Infrastructure Proposal. In addition to NMMA, the letter was signed by National Association of Manufacturers, National Association of Trailer Manufacturers, and the Outdoor Power Equipment Institute. “A comprehensive and inclusive infrastructure package is critical to ...

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NMMA and NMMA Canada provide update on joint policy priorities

U.S. - Canada trade partnerships

The recent bilateral meeting between President Joe Biden and Prime Minister Justin Trudeau signaled an opportunity for the U.S. and Canada to make headway on joint policy priorities, including those that benefit the North American recreational boating industry. The joint Roadmap for a Renewed U.S.-Canada Partnership issued following the historic meeting gives a glimpse into the shared priorities of the two countries. ...

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President Biden signs Made in America Executive Order

Made in America event

Earlier this week, President Joe Biden signed an Executive Order (EO) entitled Ensuring the Future Is Made in All of America by All of America’s Workers, which directs federal agencies to increase Buy American requirements for procuring goods and services from sources that maximize the use of U.S.-produced goods and U.S.-offered services. President Biden’s EO creates a new “Made in ...

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