Articles Tagged with ''tariffs''

Aluminum and steel tariffs doubled on June 4, spiking prices 54% and straining construction budgets. Contractors face rising costs, labor shortages and shrinking margins amid the most aggressive trade stance in decades.

A federal court struck down Trump’s broad “Liberation Day” tariffs, ruling that they exceeded his emergency powers and reaffirmed Congress’s authority over trade policy, thereby bolstering stable global trade dynamics.

Home Depot executives say prices won’t rise despite tariffs, and point to the acquisition of SRS Distribution as a driver for long-term growth and support for Pro customers.

Walmart’s tariff warning underscores how U.S. businesses — not foreign exporters — absorb costs, driving up prices and straining construction and roofing supply chains.

A steep drop in port traffic and tariff-driven material hikes are squeezing roofing contractors, despite a 90-day U.S.-China tariff truce to ease pressure on the strained supply chain; a glimmer of good news from Associated Builders and Contractors is a balm.

A Roofing Contractor magazine poll finds industry pros more pessimistic about the state of the economy than the general public, with 61% saying tariffs and a slowing economy are hurting business.

Roofing contractors face rising claim costs from insurers fueled by extreme weather, labor shortages and insurance crackdowns, which threaten profits, hiring and project viability. Still, there are ways to insulate your firm from the tumult.

A recent MRCA webinar explored how roofing contractors can protect profits as Trump’s tariffs drive up material costs, delay projects, and disrupt supply chains.

Contractors warn Trump’s latest immigration orders, signed on April 28, could worsen labor shortages, disrupt roofing projects and trigger stagflation by driving up costs and slowing growth.

Asphalt roofing product shipments showed mixed signals in Q1 2025, with seasonal gains in shingles offset by steep year-over-year declines and growing concerns over tariffs and economic uncertainty.