In the News | Facility Executive
2025 Policy Changes And Their Impact On The Construction Industry
Feb. 25, 2025 · Authored by Brian J. Kassalen
Baker Tilly’s Brian Kassalen shares insights on how President Trump's tariff policies, including a 25% tariff on steel and aluminum imports, are increasing material costs and disrupting project timelines.
Key points include:
- Rising costs for steel, aluminum, copper, and lumber.
- Longer lead times and supply chain challenges.
- The importance of risk management with price escalation clauses and strong supplier relationships.
- Facility owners must decide whether to build now, scale back, or delay projects.
- With additional strain from disaster recovery efforts, strategic planning is more critical than ever.
Read the article
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