The recent rise in tariffs issued against China by the United States government will have major impacts on the economy, and one particular industry that’s feeling the effects is flooring. While some flooring contractors and companies agree that the tariffs are needed, others say the effects could severely impact their business. Regardless of views, the truth is that it will force drastic adjustments across the industry.

The Reason Tariffs Are Impacting the Flooring Industry

China is one of the largest producers of the flooring products purchased by American consumers, with materials used to make a variety of flooring styles being imported into the United States. This includes ceramic tile, different types of hardwood flooring, carpet, and laminate flooring. As a result of the 25% tariff on Chinese goods, flooring contractors and companies are having to incur the additional costs to import their flooring supplies, which will have a variety of effects on the entire industry.

The Effects of Tariffs

As a result of the higher cost of supplies, flooring contractors and companies are having to come up with solutions to handle the additional expenses. One result that has already been seen is some companies announcing that they are raising their prices to consumers in order to negate any losses imposed by the tariffs. Other companies, in an attempt to protect American consumers as well as their bottom line, have started looking for new providers who can export the needed supplies without the costly tariffs, such as Taiwan and Vietnam.

The increased tariffs are also driving industry trends. For example, prior to the rise, stone-polymer composite and wood-plastic composite flooring were popular, widely used options. Since these options are now more expensive for producers, they might be forced to use different materials. It might also cause consumers to reconsider their flooring material decisions until the tariffs are lifted, slowing the industry’s growth.

 

With the uncertainty surrounding the industry due to the tariffs, it’s especially important to work with a trusted and proven flooring contractor for your flooring needs. For more than 30 years, the team at Carpet Country in Port Saint Joe, FL, has provided a great selection of quality flooring options as well as professional flooring installations to help local residents transform their homes. Before beginning your next project, schedule a free estimate by calling (850) 227-7241 or learn more online.