Update On The 25% Additional Duty On US-Built Yacht

Jan. 26, 2024 |  Blog - Customs & Tax - 

The European Union and the United States have reached a consensus and agreed to continue to suspend tariffs on EU steel and aluminium imposed by Washington until March 2025. Consequently, the EU will not reimpose its retaliatory measures, that covered a range of US goods, including yachts.

As a result, US built yachts will be eligible this year for import into the European Union without being subject to the additional 25% Customs duty.

Please feel free to reach out to us if you have any further inquiries at info@ymca-yachting.com

Best regards,

The YMCA Team

   Back to the list