Costly Imports

Here’s a strange twist which has no immediate implications in the snowmobile industry, but may rock the outboard engine business to its very roots.

In early August the United States Department of Commerce ruled Japanese outboard manufacturers have been “dumping” outboard engines into the US marketplace.

Essentially the term “dumping” relates to the price variance between what an importer would sell their domestically manufactured products in their home market to the price they charge for the same product in the US.

As a result of this ruling all Japanese outboard engine manufacturers will have a duty charge of 22.52% applied to outboard motors imported into the US.

The ruling was effective immediately.

Supertrax Online
Supertrax Onlinehttps://new.supertraxmag.com
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