BRP Faces Renewed U.S. Trade Pressure as Trump Expands Tariffs to Some ATVs, Boats
Dow Jones
Sep 09
0818 ET - BRP once again finds itself in the crossfire of U.S-Canada trade tensions. President Trump modified the scope of some existing tariffs on Canada, and has now imposed 50% levies on some all-terrain vehicles and boats. BRP manufactures Can-Am ATVs and its popular personal watercraft Sea-Doo, which includes the Sea-Doo Switch pontoon boat lineup. The U.S. represents BRP's largest market, where it generates more than half of its annual revenue. The company recently said full-year net exposure is expected at C$200 million, down from earlier estimates, but BRP's tariff situation remains a complex headwind, and the continuing back-and-forth between the two neighbors adds further operational uncertainty.
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