Last week, President Trump and his administration announced they will be incrementally be imposing new tariffs on $300 Billion of Chinese imports, including sport fishing equipment. These new tariffs will take hold on September 1 and will be followed by another increase on December 15 of this year.
According to FishingTackleRetailer.com, a fishing industry business magazine, “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 that funds fisheries conservation and access projects. An additional tariff on top of this 10% excise tax would cause harm to the bottom lines of many ASA members, deter fishing participation and reduce conservation funding.”
The Chinese manufactured products being affected by the new Sept. 1 tariffs::
- Fishing Hooks
- Fishing Reels & Parts
- Packaged Fishing Line
- Pre-made Leaders
- Pre-Tied Flies
Additional fishing products to be affected by the tariffs taking hold December 15:
- Fishing rods and parts and accessories
- Landing nets
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