On Thursday, April 10, the House of Representatives narrowly approved a budget resolution that lays the groundwork for extending key parts of the 2017 Tax Cuts and Jobs Act (TCJA) and advancing other ... Read More
In a recent announcement, Commerce Secretary Howard Lutnick confirmed that select electronics will be temporarily exempt from newly imposed tariffs, providing short-term relief for U.S. manufacturers ... Read More
Each year, the American Boating Congress (ABC) brings together the full spectrum of the recreational boating industry in the heart of Washington, D.C. – creating a powerful, unified presence on Capito... Read More
As economic headwinds continue to shape consumer sentiment, the latest Monthly Recreational Boating Industry Data Summary report analyzes January 2025 data, offering a look at year-over-year trends an... Read More
This week, the Trump administration confirmed that total tariffs on Chinese imports have increased by 145%. For marine manufacturers who rely on imported parts and materials from China, these addition... Read More
In a significant development for international trade, the European Union (EU) has announced a 90-day suspension of its planned countermeasures against U.S. tariffs. This decision follows President Don... Read More
On April 9, President Trump announced a 90-day pause on the country-specific reciprocal tariffs, applicable to countries not currently imposing retaliatory measures against the United States. A 10% un... Read More
In response to recent developments surrounding U.S. tariffs on imported vehicles, the Government of Canada has announced limited retaliatory measures—focused on U.S.-made autos to match what the U.S. ... Read More
On April 8, several House and Senate committees convened hearings on legislative priorities related to conservation, small business tax policy and the administration’s 2025 trade agenda. The issues co... Read More
With the new reciprocal tariffs set to go into effect tomorrow, below is a recap of important guidence and a summary of how countries are responding to the new tariffs. On April 5, a new 10% basel... Read More