{"version":"1.0","provider_name":"Dodge Construction Network","provider_url":"https:\/\/www.construction.com","author_name":"Alyssa Orender","author_url":"https:\/\/www.construction.com\/author\/alyssa-orender\/","title":"Navigating Trade Policy Changes: Impacts on Construction | Dodge Construction Network","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"YkeDvdHNz0\"><a href=\"https:\/\/www.construction.com\/blog\/navigating-trade-policy-changes-impacts-on-construction\/\">Navigating Trade Policy Changes: Impacts on Construction<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.construction.com\/blog\/navigating-trade-policy-changes-impacts-on-construction\/embed\/#?secret=YkeDvdHNz0\" width=\"600\" height=\"338\" title=\"&#8220;Navigating Trade Policy Changes: Impacts on Construction&#8221; &#8212; Dodge Construction Network\" data-secret=\"YkeDvdHNz0\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n<\/script>\n","thumbnail_url":"https:\/\/www.construction.com\/wp-content\/uploads\/2025\/04\/Figure-2.png","thumbnail_width":797,"thumbnail_height":378,"description":"As it stands, the effective tariff rate on US imports is approximately 25-30%, with the effective rate on construction goods a few percentage points higher. Most of that comes from the steel and aluminum tariffs and the outsized tariff rate on Chinese products. The economic literature estimates that overall economic inflation should increase about 0.1 ppt for every 1 ppt increase in the effective tariff rate. This implies that overall inflation should increase 2.5 to 3 percent over the next year relative to the pre-Trump tariff regime. The impact on construction costs is about 0.5 to 0.75 ppt higher than the overall inflation rate due to the mix of imported goods relative to domestic goods and labor.\u00a0"}