Now that the tariffs have been set, and different duties are expected to hit the market, stone industry members react to the changes that 2019 will bring in the quartz market
Late in 2018, the U.S. Trade Representative released a list of approximately $200 billion worth of Chinese imports that will be subject to additional tariffs. Starting in September of last year, the tariffs were set for 10%, on top of other antidumping and countervailing duties, and in the New Year will be increased to 25%.
On top of that, The Department of Commerce announced its affirmative preliminary determination in the antidumping duty investigation of imports of quartz surface products from China. The assigned preliminary dumping margins of 242.10%, 341.2% and 289.62% to mandatory respondents, C Q International Limited, Foshan Yixin Stone Co., Ltd. and Guangzhou Hercules Quartz Stone Products Co., Ltd., respectively. The Department of Commerce determined a preliminary dumping margin of 341.29% for the China-wide entity, based entirely on adverse facts available. The Department of Commerce preliminarily determined a dumping margin of 290.86% for all other exporters from China that The Department of Commerce found to be eligible for a spate rate. The Department of Commerce will announce its final determination on or about April 4, 2019.