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Tariffs from the Contractual Perspective

In February 2025, after weeks of looming threats, the Trump administration announced its decision to impose a 25% tariff on Canadian imports, citing border security concerns. In retaliation, Prime Minister Justin Trudeau announced a reciprocal 25% tariff on American imports. Tariffs, both threatened and realized, stand to cause considerable strain on the construction industry…

As published in the NRCA’s Northern Construction Connection February 2025 Newsletter and VICA’s e-New.

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