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As you might have heard already, Stone World is celebrating its 35th anniversary this year. And since so much has changed in the stone industry since then, we thought we'd have a feature highlighting pivotal moments throughout the decades.
It's no surprise to anyone in the stone industry that we are in the middle of a shake-up, driven predominantly by a new construction and remodeling boom, the new import tariffs, the ever-growing number of new competitor fabricators and the merging and acquisition of low-performing and established fabrication businesses.
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%.
In last month’s issue of Stone World, we published the year-end U.S. stone import and export statistics, which are provided to us by the U.S. Department of Commerce.
