With only two trade agreements finalized, the White House faces a July 8 tariff cliff that could send material costs and supply chains into another tailspin
With the July 8 tariff pause nearing expiration, the White House has secured just two trade deals, raising concerns about renewed tariffs, supply-chain disruptions and increased costs for roofing contractors and building suppliers.
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.
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.
New U.S. tariffs on imports could drive up roofing and construction costs, straining supply chains and increasing material shortages. Contractors must adapt quickly as the industry braces for impact.
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.
As construction prices incrementally dropped last month, contractors are expressing confidence in their sales, profit margins and staffing in the coming six months.