New Tariff on Steel

New Tariff on Steel

It looks like the price of steel will be going up more and more here in the United States within the next few months. As such, we highly suggest that you purchase your metal carport or building prior to the tariff on steel imports goes into effect. Due to this nationwide increase in the cost of steel, we and many other carport companies will be increasing the prices of most of our buildings.
On March 8th, 2018, in hopes of reviving our domestic steel industry by opening closed mills and reducing the need to rely on foreign producers of steel products, President Trump signed Section 232 of the Trade Expansion Act to impose a 25% tariff on steel imports from all countries except Mexico and Canada. According to the president, this new tariff will also provide a form of national security.

Although our company makes it a mission to purchase all American-made materials, we will still feel the strain of steel prices increasing. American Steel Carports, Inc. and American Carports, Inc. will work hard to keep our prices as low as possible while still providing the best in steel carports and buildings nationwide. We still suggest placing your orders within the next few months to ensure that you receive the lowest price possible. Remember that we have an excellent sales team who will work with you to design the perfect metal building for your needs. Give us a call and ask to speak with one of our representatives, and don’t forget that we offer financing.

References

https://www.whitehouse.gov/presidential-actions/presidential-proclamation-adjusting-imports-steel-united-states/
https://www.commerce.gov/news/press-releases/2018/03/us-department-commerce-announces-steel-and-aluminum-tariff-exclusion

Resources

Looking to enhance your understanding and make informed decisions about your steel building project? Explore our valuable resources below.

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