A common manifesto of the nautical industry and other industrial sectors
European Boating Industry (EBI), an entity grouping the main sectoral associations of European yachting professionals, and its American counterpart, the National Marine Manufacturers Association (NMMA), have signed, alongside 74 other sectoral representatives, a joint appeal to the negotiators of the United States and the European Union to put an end to the tariff barriers introduced under the Trump presidency. Associated with the spirits and motorcycle industries, the associations are urging policymakers to find an agreement to lift taxes and retaliatory measures arising from the dispute over steel and aluminum production. They believe these measures are a major drag on companies already struggling with the intrinsic cost of raw materials and logistical difficulties resulting from the Covid-19 pandemic. They prevent recruitment and growth under good conditions.
A constrained schedule
"The clock is ticking," as EBI puts it. Indeed, a deadline had been set for December 1, 2021. With one month to go before the end of the negotiations and a few days before a meeting of the G20 leaders, the representatives of the nautical industry are asking for proof of the progress of the negotiations and of the real will of the leaders to succeed.
