Tag Archives: Section 232

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 ...

NMMA, the European Boating Industry (EBI), and the International Council of Marine Industry Associations (ICOMIA) sent a letter to President-Elect Joe Biden congratulating him on his election victory and calling on him to swiftly address trade relations between Europe and the U.S. Following the Trump administration’s Section 232 tariffs on aluminum and steel imports, the E.U. responded by levying a 25% retaliatory ...

The National Marine Manufacturers Association is calling on industry stakeholders to sound off against the new 167.16 percent tariff on Chinese common alloy aluminum sheet imports. The total tariff on the key boating industry manufacturing material now stands at more than 200 percent. The Trump Administration claims its trade policies aim to level the playing field for American workers, but ...

The National Marine Manufacturers Association has issued a new Boating United alert encouraging all industry stakeholders to take action on the aluminum issue. With so much information out there, and so much at stake, the NMMA federal government relations team breaks down how the two different aluminum tariffs will impact the marine industry and our economic ecosystem: Recreational boating is ...