Tariffs may slow healthcare construction

On Sept. 24, the Trump administration placed a 10 percent tariff, amounting to $200 billion, on 5,745 items from China, including concrete and lumber


Tariffs on imported building materials have caused healthcare providers to rethink their construction projects, according to an article on the Modern Healthcare website.

While healthcare construction projects haven't been delayed or canceled yet, the tariffs could have a material impact next year, said Andrew Quirk, senior vice president and national director of the Skanska USA Healthcare Center of Excellence.

On Sept. 24, the Trump administration placed a 10 percent tariff on 5,745 items from China, including concrete and lumber. That will rise to 25 percent in 2019. That's in addition to $50 billion worth of tariffs on Chinese imports that was implemented in August. A 25 percent levy on steel and 10 percent on aluminum imported from a handful of countries already kicked in earlier this year.

Healthcare uses a significant amount of building materials like steel, concrete, glass and specialty finishes that come from outside the U.S. Building material costs account for anywhere from 30 percent to 70 percent of the total budget. 

Read the article.

 

 



October 23, 2018


Topic Area: Industry News


Recent Posts

Must Know Recalls of 2025

For the safety of our readers, Healthcare Facilities Today has closely followed all recall notices related to the industry.


Sustainability as a Baseline in Healthcare Facilities

Hospitals can balance costs, build resilience and learn from global models for sustainable design to further their green goals.


Comanche County Memorial Hospital and Southwestern Medical Center Join to Form Partnership

The partnership will go into effect by the end of December 2025.


Choosing a Disinfectant That Kills Biofilm

Bacteria form biofilms in pipes from which cells can be released during sink use and spread outside the drains in droplets or as aerosols.


Third-Party Data Breach Case Underscores Need for Cyber Risk Management

Plaintiffs alleged negligence in safeguarding patient data; defendants denied wrongdoing but settled to avoid litigation costs.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.