Report: Boat Builders ‘Feeling the Sting’ of Tariffs

MJM Yachts has already felt the sting of tariffs. The Associated Press reported that CEO Bob Johnstone was negotiating the sale of a 53-foot (16-meter), $2.2 million yacht to a buyer in Monaco when the European Union announced a 25% tariff on American-made boats as retaliation for the Trump administration’s tariffs on imported aluminum and […]