President Trump’s controversial tariffs on steel and aluminum imports haven’t taken effect yet and they are already having an impact on commercial real estate across the country. Steel prices have climbed around 10 percent nationwide as the construction industry prepares for Friday’s change, according to the National Real Estate Investor. Trump announced the 25 percent tax on foreign steel and 10 percent tax on aluminum earlier this month, citing national security as a primary reason. […]
source https://therealdeal.com/la/2018/03/21/steel-prices-climb-nationwide-as-real-estate-industry-braces-for-tariffs/#new_tab
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