Tariffs/Trade

Pete Hoekstra, a former Congressman whose district included S2 Yachts and Four Winns, learns about the economic hardships the EU tariffs have caused to some U.S. boat builders.

The American Sportfishing Association is encouraging members to apply immediately.

NMMA details marine industry implications.

Tariffs did curtail exports by 24 percent to Canada, Mexico and the European Union during the second half of the year, according to an NMMA report.

The United States and China are restarting trade talks.

A 25 percent duty on PFDs could cause families to consider “cheaper options.”

The move is designed to stop border crossings, but threatens the new North American trade agreement.

Bill Yeargin discussed trade with the vice president and members of Congress.

But existing EU tariffs on U.S. boats continues to be “particularly devastating,” according to NMMA.

Investors and manufacturers are nervous as the trade war with China escalates, anticipating consumers will ultimately bear the brunt.

All boats imported on or after April 30 are no longer subject to retaliatory tariffs.

Chuck Grassley, R-Iowa, says in WSJ op-ed that the new Nafta “is dead” as long as constituents pay the price for retaliatory tariffs.

The NMMA and six other non-marine associations sent a joint letter to President Trump, asking him to refrain from tariffs on imported automobiles.

Britain’s withdrawal from EU without a deal could create chaos for American marine businesses doing business in the U.K. and Europe.

WSJ reports the latest in trade agreement “roller coaster.”

Separate studies show U.S. consumers and companies are bearing most of the brunt of tariffs.

Citing damage to its economy, a Canadian parliamentary report calls on its government to work with the Trump Administration to resolve its trade war.

Congressional members want the USTR to create an exclusion process for products impacted by Section 301 tariffs.