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July - August 2018 45 boatingonthehudson.com
The Escalating
Trade War is
Threatening
the Entire
Recreational
Boating Industry.
The U.S. marine industry is facing a triple threat: Section 232 tariffs
on steel and aluminum, anti-dumping and countervailing duties
on Chinese aluminum sheet, and 301 tariffs on nearly 300 marine
related products. As a result, our industry is experiencing rising
manufacturing costs, retaliatory tariffs, and order cancelations.
Just this week, {June 1} the Trump Administration decided to
end Section 232 steel and aluminum tariff exemptions for Canada,
Mexico, and the European Union, sparking retaliatory tariffs from all
three countries. Boats entering the EU will face a 25 percent tariff
while Canada is applying a 10 percent tariff and Mexico a 15 percent
tariff. This will make our industry less globally competitive in our
top three export markets.
Now is the time to take action. Tell President Trump to make a deal
that immediately withdraws these tariffs. Without a solution, our
industry – and the entire U.S. economy – will suffer.
With our industry facing such significant tariffs, it is important you
let your voice be heard.
Take action NOW.
Boating United is the grassroots platform of the
recreational boating industry. It is comprised of
boating manufacturers, businesses and supporters
who share the common goal of protecting and
promoting the industry. Take action, learn about the
issues and more at
J
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