Metro Atlanta contractors say steel, aluminum tariffs are ultimately going to impact you
President Donald Trump imposed a 25% tariff on imported goods like steel and aluminum this week. “This is a moving target for the construction industry,” Mike Dunham, the CEO of the Associated General Contractors of Georgia told Channel 2’s Audrey Washington on Thursday.
Trump's tariffs on steel and aluminum could raise these prices
In the aftermath of steel and aluminum tariffs during Trump's first term, major appliances showed price increases of between 5% and 10% between June 2018 and April 2019, Miller added, citing a monthly government data release. Those price hikes far outpaced an overall inflation rate of around 2%.
President Trump issued a Proclamation that expands the 25% tariffs on steel and steel derivatives, first imposed in 2018 under Section 232 of the Trade Expansion Act of 1962. Aluminum and ...
Prior to the first Trump administration, the U.S. and Canada had a relatively stable trade relationship in steel and aluminum ...
Duties of 25 percent on steel and aluminum will flow through to car buyers, beer drinkers, home builders, oil drillers and ...
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