Tag Archives: tariffs

Metal import tariffs cause upset, confusion in U.S. and Canada

In response to President Donald Trump’s announcement last month that the United States would be imposing tariffs on metal imports from Canada, the European Union, and Mexico, the Canadian government introduced dollar-for-dollar retaliation duties. Beginning July 1, a number of U.S. steel products faced fees of 25 percent, while an array of aluminum products cost Canadian importers 10 percent more.

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Construction costs spike amid rising price of building materials

The construction industry experienced a surge in costs last month, which was largely driven by price increases for a wide range of building materials, according to data from the Associated General Contractors of America’s (AGC’s) labor department. Association officials caution that the Trump administration’s newly-imposed tariffs on metal imports, such as steel and aluminum, will continue to affect project budgets.

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