Trump tariffs: How hike on steel and aluminium could inflate building costs 7-8%
06 June 2025
US President Donald Trump delivers remarks at U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, US, on 30 May 2025. Image: Reuters/Leah Millis
Despite a 90-day suspension of a raft of tariffs on countries around the world, imposed by US President Donald Trump, the tariff challenge for the construction industry hasn’t gone away.
In fact, while some tariffs have been suspended and the practice of levying them on multiple nations all at once has resulted in a legal challenge, Trump has introduced other tariffs on steel and aluminium (see timeline below).
Those 50% steel and aluminium tariffs, announced at the end of May,…
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