Items Tagged with 'tariffs'

The Fenestration and Glazing Industry Alliance hosted speakers with the knowledge and expertise needed to give a current assessment of the state of the industry for both Canada and the U.S. Louis-Philippe Champagne discussed how recent changes in federal politics and trade relations with the U.S. are two of the biggest factors in the Canadian industry at this time

Association urges administration to abandon plans to impose additional tariffs, which may drive up construction costs, disrupt supply chains and undermine project delivery.

Construction input prices increased 0.2% in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data.

Aluminum and steel tariffs doubled on June 4, spiking prices 54 percent and straining construction budgets. Contractors face rising costs, labor shortages and shrinking margins amid the most aggressive trade stance in decades.

A federal court struck down Trump’s broad “Liberation Day” tariffs, ruling that they exceeded his emergency powers and reaffirmed Congress’s authority over trade policy, thereby bolstering stable global trade dynamics.

Walmart’s tariff warning underscores how U.S. businesses—not foreign exporters—absorb costs, driving up prices and straining construction and roofing supply chains.