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The Trump administration's imposition of tariffs on steel, aluminum, lumber, and other construction materials, in combination with increased tariffs on raw materials and finished goods from China, Japan, the EU, and...more
President Donald Trump has announced new 25% tariffs on steel and aluminum imports into the United States. This measure is part of the administration’s strategy to protect national security and address trade imbalances. ...more
In today's episode of Contract Crunch: The Impact of President Trump's Tariffs on the Construction Industry, we delve into the intricate world of tariffs and their extensive effects on the construction sector. We'll examine...more
“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
This paper is the third installment in a series examining the multifaceted impacts of tariff and trade policies. By delving into the nuances of these policies, we aim to provide valuable insights and perspectives that will...more
On February 10, President Trump issued Proclamations 10896, “Adjusting Imports of Steel Into the United States” and 10895 “Adjusting Imports of Aluminum Into the United States,” (together, Proclamations), reasserting U.S....more
At an event dubbed “Liberation Day” held at the White House on April 2, 2025, President Donald Trump announced an across-the-board 10% baseline tariff for all imported goods, on top of individualized “reciprocal” tariffs on...more
In the wake of the recent U.S. presidential administration transition, the construction industry is poised to experience significant shifts. As the Trump administration takes office, industry leaders and stakeholders should...more
As of March 12, 2025, this order: Terminates the alternative arrangements under Section 232 for exempt countries (Argentina, Australia, Brazil, Canada, EU countries, Japan, Mexico, South Korea, the United Kingdom, and...more
With the presidential election in the rearview mirror, a new administration incoming, and a new year on the horizon, it's natural to wonder what 2025 may bring. In a speech to the Economic Club of Chicago on October 15, now...more
President Joe Biden issued on January 25 an Executive Order on Ensuring the Future Is Made in All of America by All of America's Workers (EO). This EO leaves in place key portions of the prior administration’s July 15, 2019...more
New Tariffs on Imported Steel and Aluminum Derivative Products - On February 8, 2020, the United States expanded tariffs on steel and aluminum raw material imports to include finished product imports from all but a select...more
A mounting death toll (over 106 and counting) and fears of a coronavirus pandemic sent markets tumbling early on Monday and kicked off a selloff that continued all day....more
While China commands the media spotlight in the global war on trade, new trade battles are being waged south of the equator. On Monday December 2, 2019, President Trump announced that he would reinstate tariffs on aluminum...more
President Trump continues to push forward with his “Buy American, Hire American” initiative with the issuance of his third Executive Order No. 13881 (the “Order”) on July 15, 2019, entitled “Maximizing Use of American-Made...more
On July 15, 2019, President Trump signed his third Executive Order on the topic of buying American, “Executive Order on Maximizing Use of American-Made Goods, Products, and Materials.” ...more
On July 15, 2019, President Trump signed an Executive Order requiring regulations implementing the Buy American Act, 41 U.S.C. §§ 8301-8305, to be changed. While President Trump has previously issued two other policy-based...more
President Donald Trump’s most recent effort to maximize the use of goods, products, and materials produced in the United States through proposed changes to and enforcement of the regulations implementing the Buy American Act...more
In 2017, President Trump issued an executive order entitled “Buy American and Hire American” which stated a commitment to do just that. Earlier this year, expanding on this policy, President Trump issued an executive order...more
In just the first four months of 2018, among a surge in trade complaints filed by domestic steel manufacturers against foreign rivals (a frequency not seen in over 15 years)...more
As a result of newly enacted Texas Senate Bill 1289, buying American iron and steel is now a requirement on certain public infrastructure projects in Texas. Promoted by President Trump, passed by the Texas Legislature in May...more
"Buy American, Hire American" is no longer just a campaign slogan. It is the subject of an Executive Order signed by President Trump on April 19. The order details the Trump administration’s policy of ensuring compliance with...more