On Wednesday, President Donald Trump unveiled a sweeping tariff plan affecting nearly all U.S. imports—broader than many anticipated. Tariffs have already influenced companies’ investment decisions, including real estate projects.
Before the announcement, uncertainty over shifting trade policies had put many projects in limbo. While the new plan offers some clarity, the ever-changing nature of trade policy under Trump’s administration makes its long-term impact uncertain—along with the immediate rise in costs.
*Article courtesy of Philadelphia Business Journal
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