From Yahoo Finance: 2025-04-06 08:00:00

Roofing-products manufacturer IKO North America is facing increased costs due to Trump’s tariffs on steel, impacting factory-building projects in the U.S. Companies like International Recycling Group are canceling plans due to higher costs, while Earth Breeze is investing in a Kentucky factory despite rising expenses. Tariffs are reshaping the landscape of U.S. manufacturing and construction, impacting the costs of building materials and imported machinery, which could lead to higher prices for consumers.

Read more: Companies building new factories brace for higher costs