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New Trump tariffs could shake the US economy, but how will they impact real estate? After imposing strict, across-the-board tariffs on three of America’s largest trade partners—Canada, China, and Mexico—Americans are worried about another inflation flare-up. Tariffs tend to lead to higher prices for Americans, even if only as a one-time increase. But what does this mean for real estate?
Could construction and renovation costs surge again due to rising material prices? Or will this incentivize American manufacturers to make up the difference and start producing more materials at home? Even if so, it could take a long time to get factories built and shipments flowing—will Americans have enough time to wait?
In this video, we break down the latest tariffs and their impact on real estate.
What do you think about Trump’s tariff strategy? Will it lead to a stronger American economy, or are we dangerously close to another wave of inflation hitting us? Let us know in the comments below!