Last week, the Government of Canada removed all retaliatory tariffs on U.S. recreational boats entering Canada, immediately ending a levy that hurt boat businesses on both sides of the border. NMMA and NMMA Canada heralded the news, calling the action a momentous step in the right direction for the North American marine industry, which has been particularly suppressed by tariffs ...
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NMMA urges end to retaliatory tariffs
Last week, U.S. President Trump, Canadian Prime Minster Trudeau, and Mexican President Nieto formally signed the new NAFTA trade agreement – now known as the United States-Mexico-Canada Agreement (USMCA) – on the sidelines of the G-20 summit in Buenos Aires, Argentina. While the National Marine Manufacturers Association is supportive of USMCA, the agreement does not address eliminating retaliatory tariffs on ...
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