The Domino Effect: Steel and Aluminum Tariffs’ Impact on HVAC

The Domino Effect: Steel and Aluminum Tariffs’ Impact on HVAC



In an interview, Stan Kolbe, executive director of government and political affairs at SMACNA discussed the economic effects of the U.S. Section 232 tariffs on steel and aluminum, set to resume on March 12. He highlighted concerns raised by the Coalition of American Metal Manufacturers and Users (CAMMU), warning that the 25 percent tariffs could raise material prices and extend lead times, harming U.S. manufacturers. While the government initially projected revenue from these tariffs, they have instead led to higher costs and disrupted production, particularly for materials from Canada and Mexico. The timing is problematic, as the tariffs take effect just before expected tax relief measures, causing immediate price hikes for contractors while tax benefits remain delayed. Kolbe noted growing concerns among lawmakers and the significant international fallout, especially with Canada and Mexico. He warned that these tariffs could ultimately harm U.S. manufacturing and push businesses to relocate abroad, undermining the goal of boosting domestic production.

Read the full article to learn more.

Whether you require installation, repair, or maintenance, our technicians will assist you with top-quality service at any time of the day or night. Take comfort in knowing your indoor air quality is the best it can be with MOE heating & cooling services Ontario's solution for heating, air conditioning, and ventilation that’s cooler than the rest.
Contact us to schedule a visit. Our qualified team of technicians, are always ready to help you and guide you for heating and cooling issues. Weather you want to replace an old furnace or install a brand new air conditioner, we are here to help you. Our main office is at Kitchener but we can service most of Ontario's cities


Source link