Tag: Trumps
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Trump’s tariffs threaten to derail UK’s homebuilding market
The UK’s homebuilding sector is fearful of the challenges imposed by President Donald Trump’s 10% tariffs on all UK imports to the U.S. The new tariffs, which have disrupted trade between the US and the UK, could potentially drive up how much it costs to build a house and delay key housing projects. This could…
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Trump’s tariffs: Tracking the status of international trade actions
Listen to the article 1 min This audio is auto-generated. Please let us know if you have feedback. U.S. trade policy is rapidly changing under President Donald Trump. After vowing to implement wide-sweeping duties on the campaign trail, Trump has signed multiple executive orders enacting higher levies and initiated multiple trade reviews over the last…
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Tutor Perini unfazed by Trump’s tariff, funding actions
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Tutor Perini sees bluer skies ahead, with hopes for a return to profitability in 2025 after reporting another loss for the year. Despite recent market concerns about the Trump administration’s new tariffs and scrutiny of federal spending,…
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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…
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WSP ‘feeling extremely good’ despite instability from Trump’s moves
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. WSP CEO Alexandre L’Heureux said that policy uncertainty stemming from President Donald Trump’s administration is impacting the market and will likely keep merger and acquisition activity quiet for the first half of the year. “On one end,…
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How are C-suites reacting to Trump’s DEI orders?
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Only 8% of C-suite leaders surveyed say they are seriously considering changing their diversity, equity and inclusion programs as a result of President Donald Trump’s executive orders targeting DEI, according to a Feb. 26 report from Littler.…
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Senators frame Trump’s DOL pick as bridge between employers, employees
Listen to the article 8 min This audio is auto-generated. Please let us know if you have feedback. WASHINGTON, D.C. — Lori Chavez-DeRemer, who was previously criticized for straddling the line between pro-union and pro-employer, played up her ability to move between worlds and represent all kinds of workers during her confirmation hearing Wednesday. Turnout…
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What to know about Trump’s approach to BABA
Listen to the article 7 min This audio is auto-generated. Please let us know if you have feedback. Former President Joe Biden strengthened the federal government’s procurement policy to encourage domestic manufacturing, and even as President Donald Trump seeks to unwind much of his predecessor’s legacy, this looks to be an area of alignment. That…
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AECOM CEO says Trump’s permitting reform outweighs agency cuts
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. The benefits of deregulation outweigh the harm of any potential funding cuts coming out of Washington, at least for one infrastructure contractor. On AECOM’s latest earnings call on Feb 4., CEO Troy Rudd addressed the concerns on…
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Contractors scramble to stay on top of Trump’s new policies
Listen to the article 7 min This audio is auto-generated. Please let us know if you have feedback. Since taking office, President Donald Trump has signed a cascade of executive orders with big implications for labor, permitting, project funding and other critical issues for contractors. This means the legal landscape is highly uncertain, and contractors…