What Are Tariffs, What Do They Apply To, and How Do They Impact the Construction Industry

April 5, 2025 was a seminal day for both the construction industry and the Trump Administration. It was the day reciprocal tariffs on widely used construction materials were to go into effect. The Trump Administration’s stated goals for the reciprocal tariffs are (i) rebuilding the United States’ manufacturing base (including the defense industrial base), (ii) re-establishing reciprocity in trade with foreign counties, and (iii) forcing trading partners to re-evaluate non-tariff barriers to U.S....
By: Gray Reed

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