United States, China Agree to Tariff Deal
May 12, 2025
The countries for 90 days will reduce tariffs to 10%, though a 20% “fentanyl tariff” against China will remain.
The countries for 90 days will reduce tariffs to 10%, though a 20% “fentanyl tariff” against China will remain.
NMMA’s Robyn Boerstling spoke with Trade Only Today about how the organization is fighting for the industry in the ever-changing tariff environment.
Despite manufacturing in Mexico, Warbird Holdings (Yellowfin and Invincible) is exempt from tariffs with its USMCA compliance.
At Nordhavn, which builds in China, Taiwan and Turkey, it’s pretty much business as usual despite the tariff situation.
“The uncertainty and general chaos move you to the sidelines pretty firmly,” Bob Pappajohn, who owns dealerships in British Columbia, tells Trade Only Today.
Highfield USA president Christophe Lavigne discussed with Trade Only Today how tariffs on Chinese materials are affecting his RIB business.
The White House overnight announced new tariffs on some Chinese products, including 173% on lithium-ion batteries.
In an interview with Trade Only Today, Imtra’s Eric Braitmayer discusses how tariffs are affecting the business, which relies on imported products and components.
NMMA said a temporary pause may give relief to marine manufacturers, and that they should review their supply chains.
The Dow Jones Industrial Average, S&P 500 and Nasdaq react to the tit-for-tat tariffs between the U.S. and China.
The countries for 90 days will reduce tariffs to 10%, though a 20% “fentanyl tariff” against China will remain.
NMMA’s Robyn Boerstling spoke with Trade Only Today about how the organization is fighting for the industry in the ever-changing tariff environment.
Despite manufacturing in Mexico, Warbird Holdings (Yellowfin and Invincible) is exempt from tariffs with its USMCA compliance.
At Nordhavn, which builds in China, Taiwan and Turkey, it’s pretty much business as usual despite the tariff situation.
“The uncertainty and general chaos move you to the sidelines pretty firmly,” Bob Pappajohn, who owns dealerships in British Columbia, tells Trade Only Today.
Highfield USA president Christophe Lavigne discussed with Trade Only Today how tariffs on Chinese materials are affecting his RIB business.
The White House overnight announced new tariffs on some Chinese products, including 173% on lithium-ion batteries.
In an interview with Trade Only Today, Imtra’s Eric Braitmayer discusses how tariffs are affecting the business, which relies on imported products and components.
NMMA said a temporary pause may give relief to marine manufacturers, and that they should review their supply chains.
The Dow Jones Industrial Average, S&P 500 and Nasdaq react to the tit-for-tat tariffs between the U.S. and China.
