Nov 9, 2021

NMMA Retaliatory TariffsThe United States and European Union (EU) announced on October 30th, that the parties had struck a deal to remove steel and aluminum tariffs, resulting in the full removal of the 25 percent retaliatory tariffs imposed on American-made boats and engines entering the EU. Since the tariffs were implemented in 2018, the NMMA team has dedicated significant attention and resources to resolving this issue.

The suspension of the retaliatory tariffs comes as welcome news for American boat builders, who have long been subject to these punitive tariffs.

“Since their first days in office, President Biden and Ambassador Tai have been committed to resolving the U.S., EU trade dispute that has harmed the American boat building industry, and today we applaud and thank them for delivering on this promise,” said Frank Hugelmeyer, president of the National Marine Manufacturers Association. “America’s boat builders were collateral damage of this tit-for-tat trade conflict for more than three years, resulting in a 50 percent reduction in exports to our industry’s second largest international market and the loss of hundreds of millions of dollars in revenue.

“This agreement is a momentous victory for the recreational boating industry – which represents the largest segment of the $788 billion outdoor recreation industry, supporting nearly 700,000 U.S. jobs and over 35,000 businesses. Thanks to the leadership of President Biden and his administration, we are no longer saddled with a structural disadvantage to international competitors.”

The NMMA team has prioritized working alongside the Biden administration and the office of U.S. Trade Representative Ambassador Katherine Tai, pressing them to reach an agreement with their EU counterparts. Over the course of several months, the NMMA team has met with U.S. Trade Representative Ambassador Tai to discuss the importance of reaching a resolution on these tariffs.

Since 2018, marine manufacturers have suffered from these tariffs, resulting in a 50 percent reduction in exports to our industry’s second largest international market and the loss of hundreds of millions of dollars in revenue.

In the weeks to come, NMMA will continue navigating the trade landscape and issues affecting marine manufacturers and American businesses, including resolving the United Kingdom’s countermeasures. If you have questions, please contact NMMA’s director of federal government relations, Clay Crabtree at This email address is being protected from spambots. You need JavaScript enabled to view it.

 

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Impact: An Interview with Jordan Kropf

 

KropfBy Alyssa Kerslake

Kropf Industrial, located in Parry Sound, Ontario, is a major manufacturer of marine hydraulic equipment and dock systems. The company was founded in 1977 and has become well established for their products in the marine sector.

Kropf Industrial works within three divisions: Kropf Conolift, Kropf Aquaculture and Kropf Marine. The Kropf Conolift division offers marine hydraulic equipment such as marine lifts, self-propelled trailers, boat stands, and yard & highway trailers to assist boat handling and storage operations. The Conolift line of equipment became a primary focus of Kropf Industrial in the early 1980s.

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Boating Industry Canada News Week

 

Every Tuesday we publish a fresh Digest with informative articles pertaining to the Canadian boating and marine industry. Stay up to date with the latest products, research and industry developments.

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Raymarine introduces Cyclone Solid-State CHIRP Pulse Compression Radars

Raymarine Cyclone Solid-State CHIRP Pulse Compressed RadarsBoating Industry Canada News Week was on hand at the Raymarine introduction of Cyclone™, the newest range of open-array radars, conceived and crafted to give mariners the confidence to tackle the harshest conditions, gain distinct advantages in the hunt for fish, and safely navigate busy waterways. The introduction was at the Ft. Lauderdale International Boat Show, October 26.

All-new Cyclone radars are available in 3-, 4- and 6-foot arrays and two high-power output options for each size. Each model features innovative detection technologies, including Cyclone Bird Mode, that elevates Cyclone into a class all its own.

 

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