British Marine Update 21 June 2018      The EU has brought forward its counter measure action to raise tariffs on American goods to tomorrow (22 June).

The Department for International Trade informed British Marine that all of this comes into effect immediately

  • this means a 25% tariff on all recreational craft imports from the US into the EU
  • there will be no product exemptions/tariff reductions at this time
  • only the EU has the power to issue these and they have no intention to do so at this time
  • there is no scope for the UK to issue exemptions or support
  • all the UK can do at the moment is
    • continue to work with the EU and hope the EU and US come to an amicable agreement
    • provide evidence to the EU of sectors that will be adversely impacted by these tariffs

It must be noted that any exemptions of tariff reductions will be product specific and not country specific.

Therefore, the focus of British Marine and its members is to continue to provide the UK Government with evidence and assist them with their engagement with the EU. British Marine is working with the US and European marine trade associations to provide collective evidence to both sides on the extremely damaging impact these tariffs will have on the industry and small businesses.

The list includes:

89039110 Sea-going sailboats and yachts, with or without auxiliary motor, for pleasure or sports
89039190 Sailboats and yachts, with or without auxiliary motor, for pleasure or sports (excl. seagoing vessels)
89039210 Sea-going motor boats and motor yachts, for pleasure or sports (other than outboard motor boats)
89039291 Motor boats for pleasure or sports, of a length <=7,5 m (other than outboard motor boats)
89039299 Motor boats for pleasure or sports, of a length >7,5 m (other than outboard motor boats and excl. seagoing motor boats)
89039910 Vessels for pleasure or sports, rowing boats and canoes, of a weight <=100 kg each
89039991 Vessels for pleasure or sports, rowing boats and canoes, of a weight >100 kg, of a length <=7,5 m
89039999 Vessels for pleasure or sports, rowing boats and canoes, of a weight >100 kg, of a length >7,5 m