Tag Archives: United States-Mexico-Canada Agreement

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 ...

Last week, U.S. President Trump, Canadian Prime Minster Trudeau, and Mexican President Nieto formally signed the new NAFTA trade agreement – now known as the United States-Mexico-Canada Agreement (USMCA) – on the sidelines of the G-20 summit in Buenos Aires, Argentina. While the National Marine Manufacturers Association is supportive of USMCA, the agreement does not address eliminating retaliatory tariffs on ...

Late Sunday night, the U.S., Canada, and Mexico announced a deal to revamp the North American Free Trade Agreement. The new agreement – officially called the United States-Mexico-Canada Agreement – includes priorities of the recreational boating industry, which NMMA worked to secure. Each country will review the deal in the coming months before its official implementation. While USMCA does not ...