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NMMA Joins Industry Coalition to Battle Tariffs

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September 13, 2018 by   Leave a Comment

Over 60 American industry groups formed the “Americans for Free Trade” coalition Wednesday (Sept. 12) to hit back at US president Donald Trump’s global trade war, Reuters reports.  

The group’s emergence comes amid public backlash towards Trump’s reliance on multibillion-dollar trade tariffs to blackmail countries into concessions, with industry leaders now speaking out. 

“A lot of other interest groups thought they wouldn’t go this long or go this deep, but the layering effect (of tariffs) has finally gotten everyone to say: ‘Enough is enough,'” Nicole Vasilaros, head lobbyist for the National Marine Manufacturers Association (NMMA) said.  

Members of her lobby represent the boating industry and are mulling mass layoffs after incurring up to 35 percent price hikes.  

The NMMA met with U.S.vice president Mike Pence’s office Monday to “discuss the importance of free and fair trade”, arguing that tariffs were having a negative impact “on multiple fronts” the boating industry and citing rising marine materials and parts, as well as freezes on US boat exports. 

For the full story click here.

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