Tag: tariffs

  • Balfour Beatty wary of tariffs amid profit dip

    Balfour Beatty wary of tariffs amid profit dip

    Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. London-based builder Balfour Beatty hasn’t experienced any disruptions from regime change in Washington, but it is keeping an eye on tariffs coming from the U.S., CEO Leo Quinn told listeners during the company’s 2024 full-year earnings call…

  • Balfour Beatty wary of tariffs amid profit dip

    Balfour Beatty wary of tariffs amid profit dip

    Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. London-based builder Balfour Beatty hasn’t experienced any disruptions from regime change in Washington, but it is keeping an eye on tariffs coming from the U.S., CEO Leo Quinn told listeners during the company’s 2024 full-year earnings call…

  • Tariffs shake up construction | Construction Dive

    Tariffs shake up construction | Construction Dive

    Contractors have been bracing for a trade war since President Donald Trump’s election in November. Now it has arrived. On Tuesday, Trump imposed a 25% tariff on goods from Mexico and most of Canada, along with an additional 10% tariff on Chinese imports. Those followed others the Trump administration rolled out quickly after taking office,…

  • Trump’s new tariffs add pressure to construction pipeline

    Trump’s new tariffs add pressure to construction pipeline

    Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. After months of bracing for tariffs, contractors now find themselves building through the latest escalation in a trade war. The Trump administration officially enacted a 25% tariff on imports from Mexico and Canada Tuesday, along with an…

  • Construction spending slips as costs rise ahead of tariffs

    Construction spending slips as costs rise ahead of tariffs

    Dive Brief: Nonresidential construction spending ticked down 0.2% in December to a seasonally adjusted annual rate of $1.24 trillion, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released Monday. Spending declined in nine of the 16 nonresidential subcategories on a monthly basis. Public nonresidential spending fell 0.5%, while private nonresidential…

  • Trump takes action around energy, immigration, tariffs

    Trump takes action around energy, immigration, tariffs

    Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. President Donald Trump signed a series of executive orders on his first day in office Monday, many of them with repercussions for the construction industry. The actions embody a shift in federal priorities around critical issues like…