Tariffs are squeezing US builders and stalling growth

Trump’s tariffs on steel, aluminium, and other key materials are driving up construction costs and squeezing profit margins for US developers. Some projects are seeing price hikes of up to 20%, forcing builders to delay or rethink their investments. The knock-on effects are hitting everything from warehouse construction to office renovations, with no clear end in sight. As uncertainty looms, developers are bracing for a slowdown.

Will these tariffs reshape the future of US commercial real estate? Read the full analysis here.