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The announcement follows the administration’s ongoing effort to establish more “reciprocal” trade relationships with key global partners and hold countries accountable for unfair trade practices. President Trump has previewed these steps as necessary to strengthen domestic industry and reduce dependency on foreign materials. According to reports, the new tariffs may apply to electric vehicles, steel and aluminum products, and other advanced technologies, while also reinforcing U.S. national and economic security interests.

While the full details of the announcement will not be known until it is officially released, NMMA is closely monitoring developments and engaging with administration officials to ensure the voice of the recreational marine industry is heard. Our primary goal is to protect U.S. marine manufacturers from unintended consequences of broad-based retaliatory tariffs that could disrupt supply chains, raise manufacturing costs, and impact global competitiveness.

NMMA has consistently urged the administration to take a targeted, nuanced approach to trade enforcement—one that strengthens America’s position globally while avoiding harm to domestic producers. The recreational boating industry is a proudly made in America industry that supports more than 812,000 American jobs and generates $230 billion in annual economic impact.

Members should stay tuned for more information once the White House releases official details. In the meantime, if you have questions or need assistance navigating these evolving developments, please contact NMMA Senior Director of Public Policy Clay Crabtree at [email protected].