Contractors have rushed to buy materials before potential tariffs go into effect, pushing prices higher. More hikes could lie ahead, according to construction trade associations.

Days after President Trump enacted 10 percent trade tariffs on all Chinese goods in early February, Bentley Zhao called the company that supplies his cabinetry, tiles and stone. The store manager told him to expect to see a 10 percent price increase for any materials coming from China.

Tariffs imposed on countries that are deemed to be treating the US unfairly could ignite a global trade war and worsen American inflation

Tariffs, tariffs, tariffs -- more and more throughout the 2024 presidential campaign, and especially since President Trump has retaken the White House, tariffs seem the be the primary economic news subject of the day.