Subscribe / Renew
August 7, 2018
NEWPORT, R.I. — MJM Yachts has already felt the sting of tariffs.
CEO Bob Johnstone was negotiating the sale of a 53-foot, $2.2 million yacht to a buyer in Monaco when the European Union announced a 25 percent tariff on American-made boats as retaliation for the Trump administration's tariffs on imported aluminum and steel.
. . .