On June 4, 2025, the Trump Administration doubled tariffs on imported steel and aluminum from 25% to 50%, the same day as its deadline for trading partners to give their “best offer” in bids to avoid import tax rates on other...more
6/4/2025
/ Aluminum Sales ,
Canada ,
Imports ,
Infrastructure ,
International Trade ,
Mexico ,
Section 232 ,
Steel Industry ,
Tariffs ,
Trump Administration ,
US Trade Policies
On May 12, 2025, the United States and the People’s Republic of China agreed to temporarily suspend most tariffs for 90 days. The joint statement released by the Trump Administration states both countries will slash existing...more
In the face of increased tariffs, including a 14.38% tariff on Canadian lumber, the lumber market is undergoing developments that could have substantial implications for construction projects across Texas. It is important to...more
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...more