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Tag Archives: Section 301 tariffs

NMMA sounds alarm over new Section 301 tariffs

The Trump Administration announced Monday it will impose a 10 percent tariff on an additional $200 billion worth of Chinese goods starting Monday, Sept. 24 and raise it to 25 percent at the beginning of 2019. Leading up to the formal decision, the National Marine Manufacturers Association and its members encouraged the administration to forgo this tranche of tariffs in ...

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Trailer, boat manufacturers will join NMMA at tariff hearing

This week, National Marine Manufacturers Association Senior Vice President of Government Relations and Legal Affairs Nicole Vasilaros will join NMMA members Magic Tilt Trailers and Sea Eagle Boats in testifying at a U.S. Trade Representative (USTR) hearing regarding the administration's proposed 10 to 25 percent tariff on $200 billion in Chinese products. While USTR is no longer accepting requests to ...

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NMMA recaps Section 301 tariff developments

There have been several changes on the Section 301 tariffs front since August 1. While the  National Marine Manufacturers Association continues to caution against further escalating the trade conflict, some recent actions are encouraging. On Tuesday, the Trump administration announced their final list of $16 billion in Chinese products that will face a 25 percent tariff starting August 23. The ...

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NMMA provides industry update on trade, tariffs

The National Marine Manufacturers Association hosted a webinar last Wednesday to discuss the rapidly evolving trade situation. While some developments have been positive, the recreational boating industry is still facing significant pressure, and NMMA is calling on all stakeholders to take action. Last week, NMMA celebrated legislation introduced by Representative Seth Mouton (D-MA-6) that would help marine manufacturers targeted by retaliatory ...

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USTR explains Section 301 tariff exclusion process

The U.S. Trade Representative has announced a process to obtain product exclusions from Section 301 tariffs on $34 billion in Chinese goods. The National Marine Manufacturers Association is encouraging all affected members to review the official notice and request an exclusion at Regulations.gov. The 25 percent tariffs apply to nearly 300 marine related products, including engines, navigational equipment, and components. ...

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Twenty-five percent tariff on select boat parts in effect

The Trump Administration recently implemented the first phase of Section 301 tariffs on approximately $34 billion worth of Chinese products – including marine engines, navigational equipment, and components. The tariffs are in response to China’s alleged theft of U.S. intellectual property and could be expanded to a total of $50 billion or more. Regarding the new tariffs, NMMA President Thom ...

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NMMA opposes new recreational boating industry tariffs

The National Marine Manufacturers Association is sounding a new and urgent alarm on the Section 301 tariffs announced last week by the Trump Administration. The 25 percent tariffs on approximately $50 billion worth of select Chinese products include nearly 300 marine-related parts. “The U.S. recreational boating industry – a $39 billion industry that supports 650,000 American jobs – experienced another ...

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NMMA fighting trade war on three fronts

The global trade war has intensified in the past two weeks, and the recreational boating industry has been placed in the crosshairs. The National Marine Manufacturers Association continues to pressure the Trump Administration to resolve this conflict and is working with Congress on legislative solutions while keeping members updated and media informed of the association's message. NMMA needs the industry’s ...

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