With Steep Tariffs on Chinese Engineered Stone, Countertop Producers & Fabricators Look Elsewhere for Low-Cost Supply – QNT Press Release

CLEVELAND, May 27, 2022 /PRNewswire/ — Tariffs can cause significant disruptions in the US countertop market, as the US is largely a net importer of countertop products. This has been especially true in the market for engineered stone countertops, according to The Freedonia Group. Although US- based production of engineered stone continues to expand, the vast majority of the quartz slab supply in the US is imported from countries like Canada, India, Israel, Spain, Turkeyand Vietnam.

Prior to 2019, China was by far the leading source of quartz slab imports to the US, as suppliers were able to provide materials at a price level much lower than domestic producers, as well as being able to supply the market with a wide variety of colors that were not able to be made using the Breton process.

However, in April 2018steep tariffs in excess of 200% were …

Full story available on Benzinga.com

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