As Canada's countermeasures take effect, President Trump issues new tariffs on products from Canada
by National Marine Manufacturers Association 9 Sep 14:43 PDT
President Trump issues new tariffs on products from Canada © NMMA
Canada's retaliatory tariffs on certain U.S. products took effect Sept. 8. The Canadian countermeasures cover $27.6 billion in imports from the U.S and are in response to the Trump Administration's recent 50% tariff on certain imports from Canada.
American-made recreational boats, personal watercraft, and marine engines are not subject to Canada's retaliatory tariffs. However, certain marine industry goods are affected, as outlined below.
In a late-breaking development on Sept. 8, President Trump responded to Canada's new tariffs with additional 50% tariffs on Canadian products, including separate announcements involving recreational boats.
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