At the beginning of 2018, construction material suppliers were raising prices in response to the pending import tariffs. Quoted prices increased 20% to 30% for steel and wood products.   Some of these were passed along to Owners as change orders and others caused project redesign.

To determine the real impact one year later, I decided to review national pricing for key construction materials and was shocked by what I found.

In March, the US Government announced their intention to level new tariffs on steel and aluminum imports.   Tariffs on steel were to be 25% and aluminum was to be 10%.  The United States Department of Commerce indicates that the U.S. is the world’s largest importer...