Sources: National Precast Concrete Association, Carmel, Ind.; CP staff
Tariffs of 25 percent on imported steel that President Donald Trump announced this month would negatively impact the precast concrete industry, according to National Precast Concrete Association President Ty Gable. “When you impose high tariffs, two major things happen,” he says. “The price of domestic steel goes through the roof. Second, there is a capacity problem and [producers] have difficulty getting their materials on time.”
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