Trump Threatens Another Round of Chinese Tariffs

October 15th, 2018 by Drew Vass, Executive Editor

The President has threatened to impose another round of tariffs on China. In a “60 Minutes” interview with CBS on Sunday, Trump claimed the Chinese involvement in American politics was a “bigger problem” than possible Russian involvement in the 2016 election.

Trump stated on “60 Minutes” that while he did not want to push the Chinese economy into a depression, he does want the country to negotiate a fair trade deal. If this does not happen, more tariffs “might” be in the future, Trump told CBS.

“I want them to negotiate a fair deal with us. I want them to open their markets like our markets are open,” said Trump on “60 Minutes.”

As of September 24, 2018, the U.S. imposed a 10 percent tariff on Chinese goods, many of which included fenestration products. If there is no trade negotiation, the tariffs will increase to 25 percent of January 1st of 2019. Some of the Chinese products affected include:

  • Stainless steel, doors, windows and their frames, and thresholds for doors
  • Iron or steel (o/than stainless), doors, windows and their frames, and thresholds for  door
  • Wooden windows, French windows and their frames
  • French doors of wood
  • Doors of wood, other than French doors
  • Leaded glass windows & the like; multicellular or foam glass in blocks, panels, plates, shells or similar forms
  • French doors of wood
  • Doors of wood, other than French doors

There has been no other mention of future tariffs from the president.

This article is from Door and Window Market [DWM] magazine's free e-newsletter that covers the latest door and window industry news. Click HERE to sign up—there is no charge. Interested in a deeper dive? Free subscriptions to [DWM] magazine in print or digital format are available. Subscribe at no charge HERE.

Tags: , ,

Leave Comment

This site uses cookies which allow us to give you the best browsing experience possible. Cookies are files stored in your browser and are used by most websites to help personalize your web experience. By continuing to use our website, you are agreeing to our use of cookies. To find out more, please see our Privacy Policy.