How Will the Trade War Affect Commercial Construction?
April 29, 2025
As the Trump administration’s trade policy unfolds, commercial real estate developers, investors, and lenders are expressing concern over the impact of tariffs on the cost of construction projects. While the media tends to offer dire predictions, negotiations with targeted countries are not final. New tariffs seem to be proposed, levied, suspended, and/or reciprocated almost daily. It’s impossible to predict the outcome and effect of the trade war at this stage, but there are several factors we can examine to bring perspective to the discussion, including the current regional construction market, the specifics of each project, and risk mitigation strategies.
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