Tag Archives: USMCA

With the US-Mexico-Canada Agreement (USMCA) now in effect, NMMA is reminding members to review changes that pertain to the recreational boating industry. Members are also encouraged to read NMMA’s fact sheet on USMCA for a refresh of the main components of the agreement. Under USMCA, there are no changes to the rules of origin for recreational marine engines and boats. ...

With the US-Mexico-Canada Agreement (USMCA) entering into force on Wednesday, July 1, 2020, NMMA is reminding members to review changes that pertain to the recreational boating industry. Members are also encouraged to read NMMA’s fact sheet on USMCA for a refresh of the main components of the agreement. Under USMCA, there are no changes to the rules of origin for ...

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 ...

NMMA – along with more than 600 business and agriculture groups from all 50 states and more than 30 industries – sent a letter to Congress, calling on all members to ratify the U.S.-Mexico-Canada-Agreement (USMCA). According to NMMA, the continued success of U.S. marine manufacturing depends on North American trading partnerships and the association has advocated for the trade agreement’s ...

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 ...

The past few weeks have been good for the boating industry related to Canada and Mexico. President Trump lifted the 232 tariffs on aluminum and steel and Canada lifted the retaliatory tariffs that were hurting our industry on both sides of the border. Now we are focused on the final step of putting the North American trade war behind us; ...