The recent implementation of extensive tariffs by President Donald Trump has introduced significant complexities into the global construction industry. These tariffs, varying across regions, are poised to influence material costs, project budgets, and international trade relations. This article examines the…
On April 2, 2025, former President Donald Trump announced the immediate implementation of new tariffs, imposing a 25% duty on imported automobiles and auto parts, alongside significant tariffs targeting numerous products across different sectors. This move has triggered discussions regarding…
Understanding Currency Fluctuations and Their Impact on Material CostsCurrency fluctuations, essentially the changes in the value of a nation’s currency relative to others, can have significant implications for various industries, including architecture. When the exchange rate of a currency depreciates,…
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