Skip to main content

NMMA wants Canada back in free-trade agreements

NAFTA-CanadaMexicoUSFlags112217-1540x800

The National Marine Manufacturers Association said it was encouraged that the U.S. and Mexico reached an agreement to revise the North American Free Trade Agreement (NAFTA). But the U.S. trade association called free trade between the U.S., Mexico, and Canada a “top priority” for the boating industry.

“President Trump’s announcement on a tangible NAFTA agreement with Mexico is welcome news and an important step toward modernizing and preserving the trade pact,” said Thom Dammrich, NMMA president in Currents. “Maintaining the trilateral agreement is critical for the continued health and success of American manufacturing, including the recreational boating industry. To that end, we urge the administration to capitalize on this momentum and immediately bring Canada – our industry’s largest export market – back into the fold.” He also called on the administration to finalize the deal and send to Congress for ratification.

Dammrich said Trump should “leverage the goodwill” created by the progress and resolve other trade disputes, including the retaliatory tariffs against U.S.-built boats. “As the administration continues to move the ball forward on NAFTA, they should also focus on forging lasting trade deals with the European Union and China,” said Dammrich. “President Trump should be commended for his commitment to ensuring American businesses and workers receive a fair shake in these jurisdictions, and it is now time to turn words into concrete actions. A good starting place would be to remove all retaliatory tariffs and tariffs that run counter to the objective of punishing parties responsible for unfair trade practices.”

Dammrich said it was “premature to celebrate” the Mexico agreement. “We urge the administration to swiftly and simultaneously finalize the trilateral NAFTA revamp and address other outstanding issues with key trading partners,” he said. 

Related

1_ABA

ABA Celebrates 30 Years

The America Boatbuilders Association was founded in 1992 with the objective of collectively buying engines, raw materials and manufactured products at better prices.

1_YEARGIN

Who, Not How

Sometimes, to solve a tough problem, you need to get a different person in the room.

1_WHALESACTION

NMMA: Proposed Speed Rule an ‘Existential Threat’ to Industry

The association is calling on every marine brand, employee and boat owner to file public comment by Oct. 31 over a sweeping regulation to protect North Atlantic right whales.

1_AXOPAR

Axopar and Nimbus Renew Agreement

The boatbuilders have entered an agreement whereby Nimbus Group will retain exclusive rights to sell Axopar boats on the Swedish market.

1_IAN

Hurricane Ian Leaves Devastation in Florida

The storm left a wide swath of destruction, heavily impacting marine interests from Tampa Bay to Marco Island.

Norm

Email Is Your Ticket to Holiday Sales

Developing an effective email campaign can bolster sales and help fill winter coffers at your dealership.

1_NMRA

NMRA Presents Annual Awards

Edson CEO Will Keene and ComMar Sales president Tim Conroy were recognized for their contributions to the marine industry.

1_ PULSE.PING.2

DEALERS: Are Interest Rates Impacting Demand?

This month’s Pulse Report survey asks dealers whether interest rate increases are causing a downturn in boat sales. Take the survey here.

1_EPROPULSION

EPropulsion, Mack Boring Partner with Crest

Pontoon builder Crest will use an ePropulsion Navy 3.0 Evo electric outboard motor and an E175 battery for its 2023 Current model.