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

Building Around Care: Lessons in Modernizing Active Healthcare Environments

The challenge is how to modernize a healthcare facility while patients continue receiving care and physicians, nurses and staff continue providing it.


St. Luke's Heart Hospital Opens at Anderson Campus in Pennsylvania

The five-story, approximately 355,000-square-foot facility is seamlessly integrated into St. Luke's Anderson Campus.


WindRose Health Network Ensnared in Vendor Data Breach

The incident involved a previously undisclosed vulnerability in a remote-management tool that is used by one of its vendors.


How Efficiency Checklists Help Hospitals Save Energy, Water and Money

Keith Edgerton explains how a simple, systematic tool can help healthcare facilities identify savings, support sustainability goals and reinvest in long-term decarbonization.


Intermountain Healthcare Receives $50M Gift for Standalone Children's Hospital

To honor the family's gift, Intermountain Health will name the inpatient tower the Larry & Heidi Canarelli Inpatient Tower.


 
 


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.