Skip to main content
Publish date:

NMMA members to testify at tariff hearings this week

Three members of the boating industry will testify this week at a U.S. Trade Representative Hearing regarding the Trump Administration’s proposed 10 to 25 percent tariff on $200 billion in Chinese imported products. Nicole Vasilaros, NMMA senior vice president of government relations and legal affairs, testified today. There were so many requests to testify that the hearings will last six days.

Later in the week, according to a story in today’s Currents, executives from Magic Tilt Trailers and Sea Eagle Boats will testify before the committee. The list of tariffs targeted by the current round of Section 310 tariffs includes boats, marine parts, trailer tires and other components.

Vasilaros’ testimony included this statement: “From tariffs on raw materials and components, to retaliatory tariffs that have frozen international markets for U.S. marine exports, the recreational boating industry continues to bear the brunt of the administration’s trade policies. China is now the fourth country to retaliate against U.S. boats, joining Canada, Mexico, and the European Union – three markets that make up 70 percent of U.S. marine exports.

“Compounding tariffs have led to the cancelation of millions of dollars of orders for new boats being built in American factories by American workers, resulting in employment changes, canceled expansion plans, and halted growth,” concluded Vasilaros.

The NMMA and its members will continue to be “loud” on the issue. NMMA members have been included in 350 media stories, reaching 35 million people in 31 states, about the tariffs and their impact on the industry. Written comments about the tariffs from members of the boating industry will be accepted via this link through September 6. 

Related

Suntex Adds Superyacht Facility

The investment group adds Seahaven Marina, which can accommodate vessels up to 250 feet.

Newsweek Honors Brunswick Corp.

It’s the second consecutive year that the magazine named the corporation to its list of America’s Most Responsible Companies.

Southern Marinas Adds to its Portfolio

The company announced its acquisition of Tims Ford Marina and Resort in Winchester, Tenn., its seventh transaction this year.

Groupe Beneteau Acquires Portugal Facility

The builder adds the Rodman Lusitania shipyard to support demand for powerboats under 40 feet.

Digital Dealership Dashboard for Marine Dealers

The Parker Business Planning digital platform for marine dealers will be introduced next week at MRAA Dealer Week in Austin, Texas.

Back and Forth and Back Again

As the world waits for the pandemic and its economic effects to subside, a new virus variant emerges.

Suzuki Crew Cleans Florida Shoreline

Executives, staff and families removed more than 40 bags of trash from Florida’s Courtney Campbell Causeway as part of the company’s Clean Ocean Project.

Seattle Boat Show: Full Speed Ahead

The largest show in the Pacific Northwest is set for its 9-day run with a new location and robust seminar format for 2022.