NMMA calls on Biden administration to end U.S.-E.U. trade dispute
by National Marine Manufacturers Association 12 Jun 2021 06:16 PDT
Trade shipyard © National Marine Manufacturers Association
Ahead of President Joe Biden's trip to Europe for the U.S.-E.U. summit, NMMA reiterated its call for the Biden administration to reach an agreement with their European counterparts that would end Section 232 steel and aluminum tariffs and subsequent retaliatory tariffs on American-made boats.
NMMA joined more than 30 trade associations urging the administration to end the Section 232 tariffs, noting, "These tariffs continue to hurt small, family-owned businesses and the communities in which they built their companies, while fracturing relations with overseas trading partners and spurring a frenzy of retaliatory trade measures against both related and unrelated industries."
Additionally, NMMA, the International Council of Marine Industry Associations (ICOMIA), and the European Boating Industry (EBI) joined more than 100 U.S. and E.U. organizations calling on the Biden Administration and E.U. to secure an agreement that would permanently remove the E.U. retaliatory tariffs on U.S. boats.
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