Tag Archives: tariff impact on recreational boating industry

Proposed tariffs on Mexico would hurt boating industry

The National Marine Manufacturers Association says the five-percent tariffs announced by President Trump on all goods from Mexico as a way to compel the country’s leaders to help curb illegal immigration into the U.S. would be "problematic" for marine manufacturers. The tariffs are currently set to begin on June 10 and steadily increase in the coming months – 10-percent on ...

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Correct Craft hosts meeting with Congressman Darren Soto

Correct Craft, in partnership with the National Association of Manufacturers and the National Marine Manufacturers Association, hosted a meeting with U.S. Representative Darren Soto. After touring Correct Craft’s Nautique boat building plant, Congressman Soto and Correct Craft CEO Bill Yeargin discussed various national issues and how they impact Correct Craft, the boating industry and the broader business community. NAM representatives ...

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Tariffs are the talk of the town in D.C.

The U.S. marine industry is facing a 1-2-3 punch from worldwide tariffs on steel and aluminum, anti-dumping and countervailing duties on Chinese aluminum sheets and Section 301 tariffs on nearly 350 marine products. That was the main takeaway at the Trade State of Play: Tariffs, Negotiations & Off-Ramps breakout session at last week’s American Boating Congress. “The administration’s stance on ...

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NMMA opposes tariffs on multiple fronts

The National Marine Manufacturers Association has voiced its opposition and supported the efforts of like-minded members of Congress in three key ways in recent weeks. NMMA’s government relations team distributed statements of opposition jointly endorsed with International Council of Marine Industry Association and the European Boating Industry, highlighted the marine industry during Congressional hearings with the Trump Adminstration, and held ...

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