Hearing the word tariff being mentioned in the news can sound scary if you’re just starting a construction project. But how do tariffs affect construction projects? Let’s explore a tariff’s impact on building materials and some tips for dealing with rising material costs. Generally, What Are Tariffs? A tariff is a tax that’s imposed by a government on goods and services that are imported from other countries. It’s typically a percentage of the product’s value, but could also be a flat fee per...