Articles Tagged with ''tariffs''

The Supreme Court's 6–3 ruling invalidates the broad emergency tariffs the Trump administration imposed on imports from nearly all trading partners. For the AEC industry, the decision removes one major cost pressure — but Section 232 duties on steel and aluminum stay in place, and any pricing relief is likely to arrive slowly.

Producer prices fell in August, but construction input costs climbed as metals and diesel rose. With jobs revised lower, contractors face uneven pressures closing out 2025.

The One Big, Beautiful Bill delivers sweeping, mostly taxpayer-friendly changes by locking in lower income tax rates, boosting standard deductions, and expanding deductions for tips, overtime, and auto loan interest while also raising the SALT cap and enhancing estate and business tax breaks.

With the Trump administration enacting a 50 percent tariff on steel and copper and a 25-35 percent tariff on lumber, construction businesses are rushing to figure out how they can stay ahead of costs, according to industry leaders at EPD. 

The Fenestration and Glazing Industry Alliance hosted speakers with the knowledge and expertise needed to give a current assessment of the state of the industry for both Canada and the U.S. Louis-Philippe Champagne discussed how recent changes in federal politics and trade relations with the U.S. are two of the biggest factors in the Canadian industry at this time

Construction input prices increased 0.2% in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data.

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.

Trump’s tariffs are fundamentally altering the affordable housing market, creating an environment marked by challenges, volatility, and the need for resilience.