The US and EU have reached a massive agreement | Walkthrough Wednesday
Built with Billd
English - November 03, 2021 09:00 - 4 minutes - 6.45 MBManagement Business Education commercialrealestate construction constructioneducation constructionfinancing contractors funding materialpurchasing materialsuppliers purchasingterms subcontractors Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: How effective labor tracking can improve your margins
Next Episode: Breaking down liquidity, AR, and DSO| Finance Friday
The price for steel and aluminum products continues to increase as demand outweighs available supply.
This has forced many contractors to pay a premium for any materials they can scrounge together.
However, the US and EU recently reached an agreement to ease the tariffs on these products beginning December 1st, 2021.
With these tariffs lifted, a certain amount of steel and aluminum can be imported from Europe duty-free.
Here's everything you need to know about this agreement.