NMMA joins opposition to Senate trade bill - Trade Only Today

NMMA joins opposition to Senate trade bill

Author:
Publish date:

The National Marine Manufacturers Association, along with 11 other industry trade organizations, signed a letter to the U.S. Senate on behalf of the Brazil Trade Action Coalition opposing the Brazil WTO cotton amendment offered by Sen. John McCain, R-Ariz.

“The bill could result in nearly $1 billion in Brazilian trade sanctions against U.S. goods, costing tens of thousands of American jobs and establishing a dangerous precedent for future actions in the World Trade Organization,” according to the NMMA.

Click here to read the letter.

For information, contact Cindy Squires at (202) 737-9766 or csquires@nmma.org.

Related

E-nnovation Lab to expand at 2018 Metstrade show

The growing demand for hybrid and electric engines is becoming more apparent within the leisure marine market, prompting Metstrade to introduce the E-nnovation Lab platform for electric propulsion technology.

Aluminum, tow boats lead moderate growth in May

Boat registrations were up 2.1 percent in May in the main powerboat categories, and rose 3.2 percent in all categories, according to preliminary data from Statistical Surveys Inc., a Michigan company that tracks new boat registrations.

Retaliatory tariffs on boats to EU start today

The 25 percent tariff the EU announced Wednesday on U.S.-built boats kicks in today, and a 10 percent tariff on boats sold to Canada will start July 1, prompting boatbuilders to worry they will lose sales to those countries.