Tariffs and Construction What You Need To Know (For direct federal and federal-aid contractors)
Tariffs have been a critical tool in U.S. trade policy, affecting the construction industry in both direct and indirect ways. During President Trump’s first term in office, he imposed wide ranging tariffs on a variety of imported products. More recently President Trump is suggesting an even more aggressive tariff strategy. These measures are aimed at addressing trade imbalances and incentivizing domestic production, but they also carry risks of escalating costs, retaliatory trade measures, and further complicating global supply chains. For the construction contractors, such policies could lead to stockpiling of materials, increased contract complexity, and uncertainty in project pricing and timelines. That is why it is important to know before you bid.
During this webinar, widely regarded construction law firm Smith Currie Oles partner, Howard Roth, as well as AGC of America Counsel for Federal Construction and Regulatory Affairs, Jordan Howard, will:
- Review the nuts and bolts of tariff regulations that impact direct federal and federal-assisted contractors;
- Reference key federal regulations and contract clauses;
- Discuss risks to subcontractors and supply chain;
- Discuss what contractors should be asking their owners; and
- More.