On Tuesday, the Trump Administration released an expanded list of Section 301 tariffs of 10% on $200 billion in Chinese goods – which includes marine parts, boats, and trailer tires. These tariffs are in addition to the nearly 300 marine products contained on the administration’s initial list that went into effect on July 6.
In response, NMMA’s President, Thom Dammrich, stated, “Most agree that cracking down on China for stealing American intellectual property is important and long overdue, and we commend President Trump for his steadfast commitment to ensuring American made industries, including the recreational boating industry, get a fair shake. But the administration’s decision to expand their Section 301 list of Chinese products receiving tariffs – including additional marine products – misses the mark of the intended objective. This action only moves our countries further away from resolving a rapidly escalating trade war."
Dammrich continued, “Tariffs will not stop China from stealing our intellectual property. The administration should bring China to the table to negotiate a fair and free bilateral trade agreement. American jobs and businesses are at risk if we remain on this path.”
The expanded list of products facing Section 301 tariffs is available here: https://ustr.gov/sites/default/files/301/2018-0026%20China%20FRN%207-10-2018_0.pdf
NMMA will remain engaged on this issue and provide regular updates. For more information, please contact NMMA Senior Vice President of Government and Legal Affairs, Nicole Vasilaros at firstname.lastname@example.org or NMMA Director of Federal Affairs, Lance West at email@example.com.