Tag Archives: retaliatory tariffs on U.S. boats

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 ...

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 ...