AGCA Tariffs Updates - September 2018
On Sept. 17, the Trump administration announced the implementation of a 10 percent tariff on $200 billion worth of Chinese imports to the U.S., including a wide range of construction materials and supplies (see attached spreadsheet for construction-related items, as there are a lot of them).
Scheduled to take effect on Sept. 24, the complete list of Chinese goods falling under this latest round of tariffs numbers in the thousands. Starting Jan. 1., 2019, the level of tariffs on these Chinese goods will increase to 25 percent, unless progress is made on trade negotiations with the administration.
Given these events, we have updated three documents that you should feel free to share with your members in regards to tariffs impacting construction materials and supplies. Those include: