The Wall Street Journal reports that the construction industry may face challenges due to President Elect Trump’s potential immigration and trade policies. Deportations and trade tariffs, particularly on materials from Mexico and Canada, could lead to labor shortages and higher costs for construction materials. Builders are concerned these policies will drive up housing prices, which are already stretched by high demand and elevated mortgage rates.
Construction Industry Faces Challenges from Potential Immigration and Trade Policies
Published on December 6, 2024
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