May 5, 2019

Senator GrassleyOn Sunday, April 28, U.S. Senator Chuck Grassley (R-IA) – chairman of the powerful Senate Finance Committee, which has jurisdiction over trade-related matters – penned an opinion piece in The Wall Street Journal, stating that Section 232 aluminum and steel tariffs targeting Canada and Mexico – and both countries’ subsequent retaliatory measures – must be removed before Congress will ratify the U.S.-Mexico-Canada Agreement (USMCA). NMMA applauded Senator Grassley’s call to end aluminum, steel, and retaliatory tariffs – actions that have increased raw material costs for marine manufacturers and stifled the industry’s exports.

According to Senator Grassley’s op-ed, “A significant roadblock [to approving USMCA] is the administration’s tariffs on steel and aluminum and retaliatory Canadian and Mexican tariffs on U.S. products…If these tariffs aren’t lifted, USMCA is dead. There is no appetite in Congress to debate USMCA with these tariffs in place.”

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BUSINESS VALUATIONS: THREE SITUATIONS WHEN YOU MIGHT NOT NEED ONE

 

Business ValuationsBy: Patrick Ungashick

Photo Credit: Dwain Bodkin


Business valuations are an important tool for owners and leaders of privately-held companies. For example, if you are doing sophisticated tax planning, buying-out a business partner, or if an owner is going through a marital divorce, then a valuation may be highly prudent—if not legally required. However, business owners and leaders should avoid rushing to get a valuation in circumstances where the need is not clear.

Read more about Business Valuations......

 

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