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U.S. tariffs have long been a policy tool for protecting domestic industries and addressing trade imbalances. However, they also come with significant economic consequences, particularly in sectors that rely on imported materials. The construction and rehabilitation industries are among those most affected by tariffs, as they rely on various imported goods, including steel, lumber, aluminum, and machinery.
The National Association of Home Builders (NAHB) has warned that Trump's 25% tariffs on Mexico and Canada would directly increase the cost of building materials --- and that those costs would . . .
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