New Tariffs Started August 7
Source: news.constructconnect.com
New U.S. tariffs are poised to reshape construction costs and supply chains. Starting August 7, 2025, new duties ranging from 10% to over 15% hit key imports—including steel, aluminum, and lumber—leading to higher material prices, project delays, and tighter margins for contractors. Contractors should act now by reviewing sourcing strategies, adjusting contracts, and monitoring price trends to manage potential risks and supply chain disruptions.