Skip to main content

U.K. Ends Tariffs on Boats


The U.S. Department of Commerce last night announced that it reached an agreement with the United Kingdom that not only eases tariffs on U.S.-made steel and aluminum, but also ends the retaliatory tariffs on American-made boats.

The National Marine Manufacturers Association said in a statement that the 25 percent tariffs levied in 2018 on more than $500 million worth of U.S. goods resulted in a 60 percent decrease in shipments of boats and engines.

The European Union’s retaliatory tariffs on American-made boats ended Jan. 1.

Details about the timeline and implementation of the U.K.-U.S. trade agreement are developing.



Email Is Your Ticket to Holiday Sales

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


NMRA Presents Annual Awards

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


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.


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.


Beneteau Reports Significant H122 Growth

The company reported that its revenue grew 8.6 percent and income increased by 30 percent during the first half of 2022.

1_WINTRON copy

Wintron Announces Virtual Show

The electronics distributor will hold its distributor show Nov. 2-9, allowing dealers to interact with sales representatives via phone, email or online chat.


Rays of Light

A key indicator of U.S. consumer confidence rose for the first time in four months in August as the economy added 315,000 jobs.


Yanmar Announces Sales, Marketing Hires

The company has hired Bas Eerden as global sales manager and Michele Durkin as global marketing manager.