3 Ways Steel Tariffs Could Hurt Commercial Real Estate

With the recent news that the Trump administration is planning sweeping tariffs on steel and aluminum, the market is shuddering and professionals across a wide range of industries are wondering what the effect will be on their industry.

As a sector, commercial real estate is deeply tied into virtually every other aspect of the economy. As a result, there are several avenues by which the currently proposed tariffs – and the trade war that experts and the president say they could spark – might have a negative impact. The size and scope of that impact will be determined by the degree to which various groups react to the tariffs once they go into effect...
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RSK: This will probably hurt some major construction projects as prices will rise. Further backlash may come from companies not being able to export their goods and services without tariffs on them. Or it could be the exact opposite.