Retaliatory tariffs in construction industry / News

Tariff hikes likely to cause significant issues to US and Canadian Construction
Products and Materials

The impact of tariff changes on home building and renovation in the U.S. and Canada

...ing issue in U.S.-Canada trade, with existing tariffs ranging from 20% to 30%. The proposed increase in these tariffs would exacerbate challenges, especially for U.S. builders, already facing volatile lumber prices in recent years (CIBC, 2023). Similarly, cement and concrete products, vital in the construction of non-s...