EU delays tariffs on U.S. Boats, creating key window for negotiations
by National Marine Manufacturers Association 21 Mar 22:27 PDT
EU delays tariffs on U.S. Boats © National Marine Manufacturers Association
While this delay is not a final solution, it is a welcome sign that both sides are taking time to negotiate.
The European Commission has announced a two-week delay in implementing retaliatory tariffs on U.S.-built boats and other American products, pushing the timeline from April 1 to mid-April. This pause aligns with the expected rollout of additional U.S. reciprocal tariffs on April 2 and opens the door for further dialogue between the United States and the European Union.
While this delay is not a final solution, it is a welcome sign that both sides are taking time to negotiate. NMMA, in close coordination with our European partner, the European Boating Industry (EBI), is using this period to press for the removal of recreational boats from the EU's 2018 tariff list altogether. EBI has ramped up advocacy efforts in recent days, sending letters to European Commissioner for Trade Maroš Šefcovic, EU Commission President Ursula von der Leyen, key members of the European Parliament, and national governments. NMMA is working in lockstep with these efforts to ensure our industry's voice is heard.
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