Even before COVID-19, many U.S.-based boatbuilders were dealing with supply-chain strains from Trump administration tariffs. With President Joe Biden now in office, the question remains open about whether those strains will remain, worsen or ease.
Biden, during his presidential campaign, touted a “Made in All of America” plan that included an increase in U.S. government purchasing of U.S.-based goods and services to the tune of $400 billion. He also called for a return to normal relations with longtime allies and partners.
Author Norris Comer, writing in Trade Only Today, examines what the future of trade holds with Canada, the European Union and China. Click here to read more.