On September 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 spreadsheet for construction-related items).
Scheduled to take effect on September 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, AGC of America has updated three documents that speak to how tariffs are impacting construction materials and supplies.
1. AGC’s Primer on 2018 Trade Action Affecting the Construction Industry
2. AGC Tariff Memo to Private Contractors
3. AGC Tariff Memo to Direct Federal & Federally-Assisted Contractors