Last weekend, President Donald Trump promised to loosen a restriction on the sale of higher-ethanol fuel blends like E15, which drew strong objections from the recreational boating community. Once final, the policy change would allow E15 to be dispensed from pumps made for lower-biofuel blends, including E10. In response, NMMA urged the administration to reverse its decision. According to NMMA, ...
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Trump Administration announces partnership to grow outdoor recreation economy
Last week, in support of the Trump administration’s Executive Order on Promoting Agriculture and Rural Prosperity in America, the U.S. Environmental Protection Agency (EPA), the U.S. Department of Agriculture (USDA) Forest Service and the Northern Border Regional Commission (NBRC) announced the selection of 10 communities under the Recreation Economy for Rural Communities assistance program to help revitalize their Main Streets ...
Read More »US-China trade war continues to intensify
Late last week, President Donald Trump announced that his administration will raise duties on $250 billion in Chinese goods from 25% to 30% and increase tariffs on another $300 billion in products from 10% to 15%. The move comes on the heels of recent actions by both China and the U.S. that have escalated the long running trade war, which ...
Read More »Trump Administration announces new Section 301 tariffs
On Monday, the United States Trade Representative (USTR) posted a Federal Register notice announcing the process for its proposed Section 301 tariff of 25 percent on an additional $300 billion worth of Chinese products (List 4). USTR’s action follows a recent setback in trade negotiations between the U.S. and China and would apply a 25 percent tariff on all remaining Chinese imports ...
Read More »Trade court rules in Trump Administration’s favor on steel and aluminum tariffs
On Monday, the U.S. Court of International Trade ruled that President Trump has the authority to impose tariffs on imports of steel and aluminum tariffs for national security reasons. NMMA was not a party to the case, but the association has urged the government to withdraw its steel and aluminum tariffs, which have caused the price of raw materials to ...
Read More »U.S. delays Section 301 tariff increase
Early this week, President Trump announced a delay in increasing Section 301 tariffs on the third list of Chinese products, which were scheduled to go from 10 to 25 percent on March 1. Hundreds of marine related parts and materials have been impacted by these tariffs, and NMMA welcomed this development and encouraged both sides to continue to work towards ...
Read More »Open letter to President Trump
Dear President Trump, I cannot imagine how tough a job it is being President. Though I am sure you receive lots of advice, I would like to share a few thoughts on topics I hope you will consider as you enter your third year in office: Trade War – As previous Co-Chair of the Manufacturing Council’s Trade and Tax Policy ...
Read More »NMMA, EBI, ICOMIA pen joint letter to President Trump on tariffs
On Tuesday, NMMA, the European Boating Industry (EBI), and the International Council of Marine Industry Association (ICOMIA) sent a joint letter to President Trump expressing their deep concern for the escalating trade dispute and the direct impact to the recreational boating industry in the European Union and the U.S. NMMA, EBI, and ICOMIA are urging all parties to quickly resolve ...
Read More »Kawasaki releases statement on The New Celebrity Apprentice
Kawasaki has released a statement regarding comments that were made by an employee of the company regarding “The New Celebrity Apprentice.” “Throughout its 50-year history in the United States, Kawasaki Motors Corp., U.S.A., its subsidiaries and affiliates, have remained neutral in regards to American politics. Recently published comments relating to ‘The New Celebrity Apprentice’ and President-Elect Donald Trump’s involvement in ...
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