Tariffs 2025 ICOMIA Resource Page – a continuous, rolling piece of contnet designed to keep ICOMIA members, stakeholders and invested parties updated with the latest on global recreational marine and boating industry tariffs.
ICOMIA has updated its Tariffs Resource page with rich, up‑to‑date content designed to help members in the global leisure marine sector navigate the evolving world of reciprocal tariffs and trade policy. As trade tensions and tariff regimes shift rapidly, this page now offers a curated collection of statements, FAQS, data tables, and advocacy updates from ICOMIA and partner organisations.
Table of Contents
What’s on the Tariffs Resource Page
The refreshed page features a series of timely updates detailing global trade developments affecting the marine industry. Highlights include:
- 25 July 2025: A joint Global Leisure Marine Industry and Harmonized Cooperation Statement, co‑issued by ICOMIA, NMMA and EBI, calling for predictable and fair trading conditions.
- 18 June 2025: British Marine insight on U.S. steel and aluminium tariffs, and the EU’s potential retaliatory measures.
- 8 May and 9 April 2025: Updates from EBI on reciprocal tariffs and their implications.
- 3 April 2025: ICOMIA and NMMA official statements on reciprocal tariffs, including detailed advocacy actions within the White House.
- 21 March 2025: Latest import/export market data and trends for recreational marine stakeholders
Users can easily navigate these items via quick links to each date-specific section, as well as a comprehensive FAQs and data table section. ICOMIA also invites feedback—members are encouraged to submit comments or updates via info@icomia.com, supporting the page as a living, evolving resource icomia.org.
Why the Updates Matter
Tariff policy is a fluid landscape with significant implications for the global boating industry. Marine manufacturers rely on a steady flow of parts and materials from a wide range of countries, and shifts in reciprocal tariff rates can directly impact production costs, supply chains, and competitiveness. ICOMIA’s updated page aggregates information from multiple associations and provides actionable clarity to help members anticipate changes, plan ahead, and adapt to new duties and trade frameworks.
NMMA & The White House: What You Need to Know
A critical recent development was the White House Executive Order on 1 August 2025, which implemented sweeping reciprocal tariff adjustments under the International Emergency Economic Powers Act (IEEPA). NMMA (National Marine Manufacturers Association) immediately weighed in, highlighting potential impacts on marine manufacturers. The order included:
- Canada tariff raised from 25 % to 35 % on non‑USMCA goods as of 1 August.
- A detailed tariff schedule becoming effective 7 August, covering 65+ countries including EU, UK, Japan, Indonesia, South Korea, Philippines and Vietnam, with rates ranging from 15 % to 39 % based on Annex I of the order.
- Countries not on the list remain under a default 10 % tariff. A new 40 % penalty duty applies to goods being transshipped to evade duties.
- NMMA emphasised that as more than 95 % of boats sold in the US are made domestically, the industry depends on international suppliers for inputs—so rising tariff rates may translate into higher component costs and supply chain disruption.
NMMA is actively engaging with White House officials, urging targeting of tariff relief for essential marine parts, avoiding broad sweeping measures that raise prices or undermine U.S. competitiveness.
How ICOMIA Members Benefit
- Timely insights from respected associations like NMMA, EBI and British Marine
- User-friendly navigation to date‑stamped updates and FAQs
- Global perspective, with data relevant to both EU and U.S. markets
- Advocacy transparency, showcasing how ICOMIA and members are influencing trade policy outcomes
ICOMIA members are encouraged to visit the updated Tariffs page, review the recent statements, and subscribe to this dynamic resource for future news. For tailored queries or feedback, please reach out to info@icomia.com.
By consolidating critical statements, data, FAQs, and advocacy links ICOMIA’s refreshed Tariffs Resource page is a powerful curated tool for industry professionals striving to stay ahead of trade shifts and navigate cross‑border challenges.
