Recreational Boating Industry Supports Free & Fair Trade
Marine manufacturers rely on free and fair trade, global supply chains, and a stable business environment to remain competitive. The total value of recreational boats and engines exported from the U.S. in 2019: $1.7 billion.
Section 301 tariffs on imports from China have impacted more than 300 commonly used components, materials, and parts, costing the industry millions of dollars in new taxes since 2018.
The Biden administration recently reached an agreement with its European and United Kingdom counterparts to eliminate the 25% retaliatory tariff on American-made boats entering these trade blocs, leveling the playing field for America’s boat builders.
Key Facts
$1.7B
in Annual Boat and Engine Exports
$30M+
Additional Tax Paid by Manufacturers Due to Tariffs
10–25%
Tariffs on 300+ Marine Products from China
Recreational Boating Industry’s Top Policy Priorities
- Strike a comprehensive agreement with China that eliminates Section 301 tariffs and protects American businesses
- Reopen and bolster the exclusion process for Section 301 tariffs
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Guide | Complete USCMA Certification
[87.86 Kb] A how-to guide on marine manufacturers and compliance with the new United States-Mexico-Canada Agreement (USMCA) guidelines.
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Letter | Opposition to 301 Tariffs on Vietnam Imports (July 2021)
[215.42 Kb] Joint association letter urging USTR to forgo imposing Section 301 tariffs on goods imported from Vietnam.
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Comments | Four-Year Review of Actions Taken in the Section 301 Investigation
[123.6 Kb] NMMA comments submitted to Office of the U.S. Trade Representative regarding its four-year review of actions taken in the Section 301 tariff investigation.