U.S. Construction Industry Squeezed by New Tariffs ...Middle East

Via Metal Miner The Construction MMI (Monthly Metals Index) moved sideways, dropping by 2.0% month-over-month. In early June 2025, new Trump tariffs doubled pre-existing steel and aluminum duties from 25% to 50%. As buyers scrambled, U.S. aluminum premiums immediately hit a record 60¢/lb. Meanwhile, the tariff surge is already squeezing the U.S. construction industry. Construction Input Inflation Construction material costs continue to rise alongside mounting pressures from Trump tariffs. According to the Associated Builders and Contractors,…

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