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Leisure Marine

Europe and US extend trade truce over import tariffs

The European Union and the US have agreed to pause an ongoing trade war until after the US presidential election in 2024. US tariffs on aluminium and steel will be suspended until the end of March 2025. This extends to American-made recreational boats and engines entering the EU. In return, the EU’s retaliatory tariffs on […]

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Leisure Marine

Boating sector calls for urgent resolution of EU-US tariff dispute

With the reimposition of tariffs in the transatlantic steel and aluminium dispute set to kick in on 1 January 2024, 87 trade associations representing various sectors have cosigned a statement urging US and EU leaders to reach an agreement to permanently remove all retaliatory tariffs on products unrelated to these disputes. For the boating industry, […]

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Maritime, Commercial & Defence

European Boating Industry calls for end to EU-US tariff dispute

As EU & US leaders are about to turn a new page in their relationship and launch the transatlantic Trade & Technology Council, the European Boating Industry has stressed the importance of resolving the Section 232 dispute once and for all, and of removing the tariffs which unfairly impact products and sectors unrelated to the […]

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Leisure Marine

Recreational boating sector joins 113 US and EU organisations seeking tariff lift

One hundred thirteen European and American associations issued a joint statement ahead of the EU-US Summit in Brussels on 15 June 2021.   The 113 organisations, which range from agricultural products to consumer goods and recreational boating, reiterate their call for the permanent removal of tariffs on sectors unrelated to the ongoing transatlantic trade disputes. For […]