 
                                Managing Tariff Risks for New Construction Projects
                                    May 19, 2025 
                                
                                
                            
                                While there is uncertainty regarding U.S. trade policy, the recent 25% tariff increases on U.S. steel and aluminum are already impacting construction planning. Steel is a key component of framing, rebar, and other construction materials. Higher costs and potential supply chain disruptions create challenges for contractors.
To manage tariff risks, review contracts with suppliers for any force majeure clauses covering tariff-related delays or cost changes. Be aware of supplier cancellation and 
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