Canada has no retaliatory tariffs on U.S. made boats at this time
by National Marine Manufacturers Association 9 Apr 16:20 PDT
Canada has no retaliatory tariffs on U.S. made boats at this time © National Marine Manufacturers Association
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. has imposed on Canada.
Notably, Canadian officials have not imposed tariffs on American-made recreational boats at this time.
This is significant news for the marine industry, while the U.S. administration's announcement last week triggered immediate concerns of a broader trade escalation, Canada's current response does not include American-built boats.
While recreational boats remain on the much larger list of products identified for possible Canadian retaliation, Canada has not yet pulled the tariff lever on U.S. boats.
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