Canadian Retaliatory Tariffs on U.S. Boats Eliminated!
May 3, 2019
Have you been thinking about moving up, but holding off on listing your boat because of limited inventory - nothing to move up TO? With the 10% surcharge lifted, we can start looking south of the border for buying opportunities again. And don't forget, as long as we sell your boat first, we can save you tax on the next boat, even if we are importing it from the USA!Â
This is a repost from Boating Ontario:
Canadian Retaliatory Tariffs on U.S. Boats Eliminated
NMMA Canada and the Canadian Marine Trades Associations have been advised by the Government of
Canada that effective April 30, 2019, all retaliatory tariffs on U.S. recreational boats entering Canada
have been removed, marking the most positive development for our industry since this concerning issue
first emerged.
The Canadian Marine Trade Associations have been advised that earlier this week, the Canadian
government approved the “Order Amending the United States Surtax Order (Other Goods),†which
ended the 10 percent retaliatory tariff on U.S. boats heading to Canada that was implemented in
response to the U.S government's Section 232 tariffs on steel and aluminum.
Specifically, this action removes the following boat-related HTC codes from the list of goods subjected to
the surtaxes:
• 8903.10.00
• 8903.91.00
• 8903.92.00
• 8903.99.90
As such, we have been informed that all boats imported on or after April 30, 2019, are no longer subject
to retaliatory tariffs (on a forward basis). At this time the government will not issue rebates or refunds
for surtaxes paid on boats prior to this action.
We have been advised by Canadian government representatives that this Order will be officially
published on May 15, 2019 in Part II Canada Gazette. The next few weeks may still have some
challenges in sorting through the details; we urge you to continue collaborating and communicating to
support the entire industry.
We are thrilled the Canadian government heard our concerns and addressed them head on. Together,
the boating industry worked tirelessly to raise awareness of the unintended consequences that the
tariffs and countermeasures were causing boating businesses. As you are aware, eliminating retaliatory
tariffs on U.S. boats has been a top priority for the industry, and this new announcement is a major win
for all of us.
