China has also pushed back against the U.S. for leveling steel (25%) and aluminum (10%) tariffs earlier this year. In April, the country filed a complaint with the World Trade Organization claiming that the tariffs violate international trade laws. The U.S. has accused China of “dumping” a glut of material into the U.S. market at cut-rate prices, leaving other suppliers unable to compete and harming the economy.
The manufacturers’ association is not the only construction-related group to warn that the Trump administration’s tariffs are not good for business.