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

Inside One of Healthcare's Most Ambitious Hospital Projects 

When someone faces a serious medical condition, having access to world-class care close to home can make all the difference. 


Turning Condensate Loss into a Systemwide Steam Efficiency Opportunity

Case study: How APM Steam helped Atrium Health Cabarrus uncover hidden steam system inefficiencies and build an actionable repair plan with a projected $144,949 in annual energy savings.


The Leapfrog Group Publishes 2026 Ratings for Hospitals and ASCs

This year totaled more than 6,000 facilities nationwide.


Going Solar with No Upfront Costs

300 kW solar system and roof upgrade delivered with no upfront cost for medical center association.


Northwell Health Finds Energy Savings in Steam Systems

Case study: A proactive steam trap maintenance program is delivering millions in savings, fast payback and measurable carbon reductions across one of the nation’s largest health systems.


 
 


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.