Brazil trade sanctions could affect marine industry

Brazil recently obtained authorization from World Trade Organization to impose trade sanctions on U.S. imports, the National Marine Manufacturers Association reports.

The move, according to the NMMA, is in retaliation for the failure by the United States to comply with a WTO dispute ruling condemning U.S. government subsidies to cotton farmers.

Brazil has published a list of products that will be heavily tariffed, which includes boat and engines.

NMMA urges all members who sell products in Brazil to alert their business partners of the pending tariffs and to ask them to contact the Brazilian government to take boats and marine engines off the list.

For information, read the full alert or contact Cindy Squires at (202) 737-9766.


Year-End Strategies to Rev Up Your Marketing Machine

Get in the marketing fast lane going into 2022.

A Cautious Outlook

Consumer confidence dipped as pandemic deaths rose.

The Dirty Dozen

Bill Yeargin names 12 mistakes that hold back leaders.

Where We’ve Been, Where We’re Headed

Recreational boating is winning, but we must work to ensure our continued success

Change or Die

Sustaining one’s place in the market is a tender trap.

Seeing the Light

Electronic distress signaling devices, an alternative to flares.

Going Electric

Yamaha’s Harmo e-propulsion debuts in the U.S.

Predicting the Unpredictable

How to prepare your dealership for whatever 2022 brings

Q&A with Tom Slikkers

Tiara Yachts president and CEO Tom Slikkers and his brother David talk boats.