Abby Bello Salinas and Michael A. Branca | Peckar & Abramson The Trump administration’s imposition of new tariffs is anticipated to have large-scale effects on costs in the construction industry. This article focuses on three important clauses in direct federal contracting that dictate contractors’ rights and responsibilities when it comes to price escalation, increased costs,… Continue reading Preparing for the Threat of New Tariffs: Three Clauses to Look for in Your Federal Construction Contracts
Tag: Tariffs
Executive Order Update on Construction Materials
David Carney | Construction Law Zone Executive Order Adjusting Imports of Aluminum into The United States On February 11, 2025, in an executive order titled Adjusting Imports of Aluminum into the United States, President Trump increased, from 10% to 25%, the ad valorem tariff rate on imports of aluminum and aluminum-derivative articles from most countries. The… Continue reading Executive Order Update on Construction Materials
Impact of Tariffs on Construction Costs
Aaron Evenchik and Kelsey Smith | Hahn Loeser & Parks President Trump’s prospective assessment of 25% tariffs on certain materials coming from Canada and Mexico, and prospective 10% tariffs on certain material from China, may increase contractor costs in fulfillment of construction contracts. While the details of which materials are tariffed will be clarified in… Continue reading Impact of Tariffs on Construction Costs