New U.S. tariffs on imports could drive up roofing and construction costs, straining supply chains and increasing material shortages. Contractors must adapt quickly as the industry braces for impact.
President Trump’s announced 25% tariffs on steel and aluminum imports have fueled talk of economic uncertainty, disruption of supply chains and an escalation of global trade tensions.
As construction prices incrementally dropped last month, contractors are expressing confidence in their sales, profit margins and staffing in the coming six months.
This year’s list tracked revenue from 2018-2021, meaning companies endured the COVID-19 pandemic and global supply shortages to make the Inc. 5000 list.