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Tag: Trump tariffs
Dealers
As U.S. equipment dealers face price hikes, AEM blasts Trump plan for new round of tariffs on Chinese goods
Chinese officials are saying that the White House has begun "the biggest trade war in economic history," and China responded with its own tariffs. More here.
July 11, 2018
Business
Construction costs hit highest levels in 7 years; metal tariffs could drive them up further
The AGC says the tariffs will likely drive prices even higher and could lead to project delays, as steel mills have witnessed a surge in demand. More here.
June 18, 2018
Business
Dodge economist: Trump tariffs wonât halt construction growth
Though there are some concerning signs on the horizon, including President Donald Trumpâs tariffs on imported steel and aluminum, they wonât stop the continued expansion of the overall construction industry through 2018 and into 2019, according to Bob Murray, chief economist for Dodge Data & Analytics. Murray said the industry was able to absorb the [âŚ]
April 6, 2018
Dealers
Business Roundup: More Cat layoffs; Equipment makers tell Trump âjust say noâ to tariffs; CNH Industrial CEO to step down; AEM elects directors; Minnich honors top dealers
Minnich Manufacturing honors top dealers of 2017 Minnich Manufacturing, a leading manufacturer of concrete dowel pin drills, concrete vibrators and vibrator monitoring systems, has announced its top dealers of 2017 according to sales performance. The announcement were made in conjunction with Minnich celebrating its 50th anniversary in 2018, The company is based in Mansfield, Ohio.  To read [âŚ]
March 26, 2018
Construction Equipment
Equipment makers launch ad with workers telling Trump to âjust say noâ to tariffs
The Association of Equipment Manufacturers (AEM) has released a new ad that urges President Donald Trump to not follow through with his plan to impose tariffs on steel and aluminum imports. The video includes equipment manufacturing workers voicing how the move will hurt manufacturing jobs and the industry, making it harder to for U.S. companies [âŚ]
March 19, 2018
Construction Equipment
Equipment makers: Trump should back away from tariffs; create manufacturing jobs â not risk them
The equipment manufacturing industry âis profoundly disappointed at President Trumpâs actionsâ on Thursday to advance import tariffs on steel and aluminum, says Dennis Slater, president of the Association of Equipment Manufacturers. Trump initially exempted Canada and Mexico from the import tariffs, which are take effect in two weeks. He cited ânational securityâ in two [âŚ]
March 9, 2018
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