Mesh Reimport CPU usage jump to 100%

Im really not sure whats going on, but anytime I reimport a mesh the editor hangs for 10-20 seconds and my CPU usage spikes to 100%. Reimporting meshes in UE4 used to be instant (depending on the file size), but now it takes quite a while to reimport.

I have a new i7 8700k that is not overclocked.