Tariffs on China-made LVT reinstated

Home News Tariffs on China-made LVT reinstated

Washington, D.C.—The United States Trade Representative (USTR) decided not to include floor covering among items granted exemption from the Section 301 tariff.

Exclusion from the tariff—which was enacted in November 2019 and applied from Sept. 24, 2018 to Aug. 7, 2020—exempted many rigid LVT products from the 25% tariff.

As the Aug. 7 deadline loomed, some retailers say they brought supply at the lower cost; others say the cost differential—even at a 25% tariff—is not enough to dissuade consumers from buying WPC and SPC flooring.

“The tariffs have not slowed the consumer’s demand for LVT,” said Mike Foulk, owner of Foulk’s Flooring America, Meadville, Pa., citing the typical retailer reaction.

In some instances, retailers say consumers are doing price comparisons among LVT-sourced products, with some choosing domestic products or those sourced from countries other than China.

Currently, industry observers say there is no effort being made to have the exemptions reinstated at this time.

Must Read

Mannington launches new Main Street product line

Calhoun, Ga.—Building on its longstanding success in the Main Street category, Mannington is launching a new, updated and refreshed product offering and re-branding of...

Congoleum exits voluntary reorganization proceedings

Trenton—Congoleum, founded in 1886, announced it has successfully completed its restructuring process as a privately held company. Through this process, the company has eliminated...

AHF Products to expand engineered wood facility

Mountville, Pa.—AHF Products announced plans this month to invest $2.5 million and create 20 full-time jobs at its Somerset, Ky., facility early in 2021. Work on...

Fiandre launches fall tile collections

Chicago—Fiandre, part of the Iris Ceramica Group, introduced new colors and finishes in the Maximum Marmi premium Italian porcelain collection: Alpi Chiaro Venato, Verde...

Don’t ‘zzzz’ on Generation Z

By Megan Salzano The line used to read: By 2020, Generation Z will make up 40% of all consumers in the U.S. and influence nearly...

Dodge Data & Analytics: Expect construction starts to recovery in ’21

Hamilton, N.J.—Dodge Data & Analytics released its 2021 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The report predicted total...
X