Items Tagged with 'tariffs'

Tariffs, supply chain woes, and market shifts challenge metal construction. Experts at METALCON stress adaptability as pricing volatility and policy uncertainty persist.

Rising steel and aluminum costs, driven by tariffs and global shifts, are shaking up U.S. construction — especially roofing. Contractors face tough choices: absorb costs, pass them on, or rethink materials.

Rising construction costs in early 2025 were fueled by a rush to buy materials before new tariffs took effect, giving domestic producers more pricing power, the Associated Builders and Contractors trade group reports.

In this latest "Best of Success" podcast, Legal Insights columnist Trent Cotney analyzes the effects of the new Trump-era tariffs on Canadian, Mexican, and Chinese imports, warning roofing contractors about rising material costs. He also discusses the labor shortage caused by stricter immigration policies.

President Trump made good on his promise to enact 25% tariff on imports from Canada and Mexico, and a 10% additional tariff on Chinese goods effective March 5, shaking markets and raising costs for industries. Some roofing contractors and distributors are already adjusting prices.

President Trump’s announced 25% tariffs on steel and aluminum imports have fueled talk of economic uncertainty, disruption of supply chains and an escalation of global trade tensions.