Trade tensions and the construction sector

Three things to take away

1. The main impacts of trade tensions and geopolitical risks being experienced in the global construction sector
2. The most exposed construction materials in the current climate – and the state-trade relationships posing the greatest risks to supply chains
3. The strategies and trends emerging in the construction sector in response to supply chain pressures

While cement remains less exposed to geopolitical shocks, aluminium and steel costs are expected to rise thanks to new and higher tariffs. In North America, US-Canada trade tensions, rather than China, may present the biggest challenges and drive the most disruptions for the construction sector.

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