Tariffs creating unstable market, likely to slow construction
Written by Miami Today on November 27, 2018
Tariffs on aluminum, steel, and Chinese products weigh on local contractors and developers. Industry professionals describe an unstable marketplace for construction materials, and predict the addition of more tariffs in 2019 will slow the progress of projects.
The Trump administration has imposed a series of tariffs since March. Contractors and developers pay an extra 10% on imported aluminum and another 25% on imported steel coming from everywhere but Argentina, Australia and Brazil…To read the full story click here