‘Strap In’: Developers, Contractors Brace For Tariff, Deportation Impacts
All of the players involved in commercial development and construction are dusting off their 2018 playbooks to control costs as they face the prospect of higher tariffs on construction materials and promised mass deportations under a second Trump administration.
Both actions could have a dramatic impact on construction costs in the U.S., with labor harder to come by and materials prices rising as they did during President-elect Donald Trump’s first trade war with China, developers and contractors said at Bisnow’s Atlanta Construction and Development Summit on Tuesday.
“I think it’s going to suck for a second,” said Melissa Banko, the founder of interior design…
All of the players involved in commercial development and construction are dusting off their 2018 playbooks to control costs as they face the prospect of higher tariffs on construction materials and promised mass deportations under a second Trump administration.
Both… Read MoreBisnow News Feed
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