Tag Archives: trade

By Margaret Podlich Thousands of polite, pulled-together, 16-22 year olds descended on Atlanta during a sweltering week in June. They hailed from high schools, post-secondary technical schools, and community colleges from around the country. All students were required to dress appropriately for their trade, so some were in white double-breasted chef coats, others in pressed Carhartt khaki top and bottom ...

The United States Department of Commerce announced the U.S. and United Kingdom (U.K.) reached a deal to ease steel and aluminum tariffs, allowing U.K. steel and aluminum products to enter the U.S. without application of Section 232 tariffs. Retaliatory tariffs on over $500 million worth of U.S. exports to the U.K on goods, including American-made recreational boats, will be lifted. Since ...

Earlier this week, the U.S. Trade Representative (USTR) opened a targeted Section 301 exclusion process for products imported from China that previously received an exclusion and extension. USTR states that the web portal for submitting exclusion requests will remain open through December 1, 2021. For the past several months, the Biden administration has been reviewing and developing its policies for realigning the ...

On Wednesday, the U.S. Senate passed comprehensive legislation that establishes a new exclusion process for products impacted by the Section 301 tariffs on imports from China and reinstates exclusions for products that previously received an exclusion. Reinstating previous exclusions and establishing new opportunities for manufacturers to make the case for why their products should be excluded from the Section 301 ...

Ahead of a hearing in the U.S. House of Representatives regarding the Biden administration’s trade agenda, NMMA urged the White House, United States Trade Representative Ambassador Katherine Tai, and Commerce Secretary Gina Raimondo to strike an agreement with the European Union that prevents the trade bloc’s 25% tariff on U.S. boats and engines from doubling to 50% on June 1, ...

There have been several developments on the trade and tariff front in the past few weeks. While NMMA said it is encouraged with the recent ratification of the United States-Mexico-Canada Trade Agreement (USMCA) and the initial Phase One Trade Agreement with China, the association says more work is needed to remove tariffs and ensure the recreational boating industry can continue ...

Last week, the Trump administration and China reached a partial deal – known as the Phase One Trade Agreement – to deescalate the ongoing trade war. While some details of the agreement have yet to be released – including the timeline for implementation. The NMMA said it welcomed the news and urged both parties to keep negotiating until all tariffs are removed. ...

On Tuesday, President Donald Trump and Democrats in the U.S. House of Representatives reached an agreement to revamp the North American Free Trade Agreement (NAFTA) with Canada and Mexico – now known as the U.S.-Mexico-Canada Agreement (USMCA) – setting up a full vote in the House as early as next week. In response, NMMA said it welcomed the news, calling ...

The Office of the U.S. Trade Representative (USTR) recently announced that on Thursday, Oct. 31, 2019 it will begin accepting tariff exclusion requests for Chinese products subject to an additional 15% tariff (Section 301 List 4A) that went into effect on Sep. 1, 2019. Exclusion requests will be received via USTR’s online exclusion request processing portal at exclusions.ustr.gov – details regarding the ...

Johnson Outdoors Inc. announced that the company has been granted exclusions for some of its products’ components subject to Section 301 tariffs. These granted exclusions concern components currently sourced from China for products manufactured in the Company’s North American production facilities and sold worldwide. As a result of the exclusions announced today, the Company is reducing the estimated impact of ...