Tariffs will boost and costs by $2.5 billion according to The National Association of Home Builders. Trade war of United States and China will boost the price of materials that go into and . Many of the construction and renovation products will become more expensive in the next few months as the U.S. importers who pay the tariffs pass on the added costs to American . Last week, President Donald Trump hiked tariffs to 25% from 10% on $200 billion worth of Chinese goods. In retaliation, China raises tariffs to 25% on $60 billion worth of U.S. products starting June 1. President said to expand tariffs to a further $300 billion of . The construction from China now carrying a 25% tariff include: concrete, nails, screws, ceramic tiles, and asphalt roofing shingles, light fixtures, kitchen cabinets, circular saw blades, stainless steel used for appliances and various types of raw materials that go into U.S. building products. Tariffs are paid by American businesses and consumers, not by .
The global pultrusion market is estimated at USD 1,619.5 Million in 2015 and is projected to reach USD 2,045.2 Million by 2020, at a CAGR of 4.8% from 2015 to 2020. The global pultrusion market is primarily driven by an increase in demand of pultruded parts which are lightweight and high strength in the construction industry.