Yesterday, the Trump Administration announced it will incrementally impose new 10% tariffs on $300 billion of Chinese imports, including recreational fishing equipment. The next round of tariffs will begin September 1, 2019 on a portion of these imports while the remaining products will be subject to additional tariffs starting December 15, 2019. Since May, the American Sportfishing Association (ASA), and many of its members, requested exclusions from additional tariffs on sportfishing equipment arguing that our industry already pays a unique excise tax…

Tariff Update: Sportfishing Equipment will be Impacted by Next Round of Tariffs