White House expands trade actions, launches Copper Investigation

Advocacy Alert © National Marine Manufacturers Association

The White House has announced a series of trade actions under President Trump's America First Trade Policy, which could impact the recreational boating industry. These include:

• Reinstating Section 232 tariffs on steel and aluminum imports at 25% each, effective March 12.
• A 25% tariff on imports from Canada and Mexico, which will take effect March 4.
• An additional 10% tariff on all imports from China, announced February 26, bringing the total tariff on Chinese imports to 20% after the initial 10% hike.
• A new Section 232 investigation into copper imports, announced February 25, to assess potential national security risks.