The tariff rate on $200 billion worth of Chinese products, including many glass products, will not be raised from 10 percent to 25 percent on March 1, the deadline for a trade deal. President Trump announced yesterday that the U.S. has made substantial progress in its trade talks with China, resulting in the delay of a tariff increase. A new deadline was not given.
The president had cited issues with forced technology transfers and intellectual property protections as reasons for the tariffs, originally imposed on September 24, 2018. The administration planned to raise the tariff rate to 25 percent on January 1, 2019, but announced a 90-day extension on December 1, 2018 after the president and Chinese President Xi Jinping met at the G20 Summit in Buenos Aires.
Glass- and glazing-related materials on the list of products subject to the tariffs include:
- Various float glass products;
- Glass mirrors;
- Glass frit;
- Laminated safety glass;
- Glass in the mass of fused quartz or other fused silica; and
- Enamels, glazing, pigments, colors and lusters for the glass industries.
Base metal door closers suitable for buildings, base metal automatic door closers and base metal parts are also affected. Base metal, other than iron, steel, aluminum or zinc, mountings and fittings suitable for buildings are also included in the tariffs.
The Window and Door Manufacturers Association (WDMA) issued a statement about the delay.
“WDMA is encouraged by the progress made between the trading relationships of the United States and China and delaying the increased tariff level for the third list of Chinese products is the right decision,” says WDMA president and CEO Michael O’Brien. “Window, door and skylight manufacturers utilize certain products from China, including many that were set to increase March 1. Increasing tariffs on these products would only add to market uncertainty and price fluctuations for consumers. Leaders from both countries need to immediately find a permanent solution that ensures stability and a healthy trading relationship going forward.”