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While the structural components are manufactured in the United States, the imported wood will still be hit with the tariffs.
While the Trump administration has paused many reciprocal tariffs, certain tariffs are still in place, including those on ...
Steel and aluminum are essential for high-rise construction, and are often cheaper to produce in countries like China, Mexico ...
1 个月
Emily Standley Allard on MSNSteel & Aluminum Tariffs: How They’ll Raise Home & Pool Construction Costs in 2025Steel and aluminum are foundational to construction. Steel is used in framing ... they also drive up costs for companies that ...
President Trump recently announced new and increased tariffs affecting key construction materials. The on-again, off-again nature of the ...
Despite exemptions for key building materials, import taxes announced Wednesday by President Donald Trump could lead to a slowdown in new work, experts say.
The years following COVID-19 were a chaotic time for the construction industry. Supply chains were broken, inflation and interest rates were skyrocketing, and labour shortages hit every part of the ...
Construction costs have risen 30 to 50 percent since 2020, depending on the location and asset class, according to the National Association of Home Builders. And multifamily builders are facing the ...
The White House announced on Wednesday that it will not impose reciprocal tariffs on steel and aluminum imports, which already has been levied a 25% duty ...
Wood is one of the most-used materials in residential construction (aluminum and steel are more prevalent in commercial and large residential buildings), and much of it comes from Canada.
ABC News’ Jaclyn Lee visited North Carolina to learn what impact President Trump’s new tariffs could have on home builders and the materials they use, realtors and prospective buyers.
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