News & Analysis as of

Tariffs International Trade Construction Contracts

Gray Reed

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

Gray Reed on

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

Gould + Ratner LLP

Riding the Tariff Roller Coaster: Considerations for Construction

Gould + Ratner LLP on

“What goes up might take us upside down. Life ain’t a merry-go-round; it’s a roller coaster.” – Bon Jovi The song may not have been about international trade, but the lyrics are certainly fitting for today’s unpredictable...more

Mandelbaum Barrett PC

Tariffs Expected to Impact Construction Costs

Mandelbaum Barrett PC on

The Impact of Tariffs on Construction Costs - As construction costs continue to soar, the industry is bracing for even sharper increases in 2025. Tariffs on key materials—iron, steel, and lumber—are expected to drive up...more

ArentFox Schiff

Important Update on Tariffs and Their Impact on the Construction Industry

ArentFox Schiff on

President Trump recently announced new and increased tariffs affecting key construction materials. The on-again, off-again nature of the Trump Administration’s tariff measures are contributing to the economic uncertainty in...more

Baker Donelson

Protecting Against the Impact of 2025 Tariffs on Construction Costs

Baker Donelson on

The 25 Percent Tariff on Canadian and Mexican Products - On March 3, 2025, the Trump administration announced that the United States would proceed with its anticipated plan to impose a 25 percent tariff on products imported...more

Bennett Jones LLP

Navigating US-Canada Tariff Tensions: Managing Risk in Construction Contracts | Bennett Jones

Bennett Jones LLP on

Driven by growing housing needs, clean energy policies and a high volume of telecommunications transactions, demand for Canadian infrastructure projects have been rising. However, recently announced US tariffs on Canadian...more

Warner Norcross + Judd

Construction Supply Chain Could Feel the Impacts of Canada and Mexico, Aluminum and Steel Tariffs

On Feb. 1, 2025, President Donald Trump announced that tariffs on all goods imported from Canada and Mexico — including aluminum and steel — would be imposed at 12:01 a.m. on Feb. 4, 2025. The administration later agreed to...more

Vinson & Elkins LLP

Once More Unto the Breach: Navigating Supply Chain Disruption Amid the Trade Wars – a Construction Contract Checklist

Vinson & Elkins LLP on

The tectonic plates have shifted once again, this time with trade tariff announcements from the incoming Trump administration, sowing the seeds for another potential supply chain disruption event. In times like these owners,...more

Hahn Loeser & Parks LLP

Impact of Tariffs on Construction Costs

President Trump’s prospective assessment of 25% tariffs on certain materials coming from Canada and Mexico, and prospective 10% tariffs on certain material from China, may increase contractor costs in fulfillment of...more

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