News — more expensive

Trump steel tariffs will make construction, infrastructure projects more expensive The proposed steel and aluminum tariffs President Trump announced last week made domestic steel and aluminum mills very happy. But the potential shift in metal prices has many industries, including construction, expecting higher costs, and may also impact infrastructure spending across the nation. In a study released yesterday, the D.C.-based Trade Partnership, an economic consulting group, projected that 28,000 jobs would be lost in the construction industry alone due to the tariffs. Last Thursday, President Trump proposed imposing a 25 percent tariff on imported steel and a 10 percent tariff...