Exclusive analysis: Trump’s tariffs to add estimated $4.2bn to US construction equipment imports

US president Donald Trump holds up a signed executive order with the stars and strips flags behind him US president Donald Trump announced sharp increases in tariffs on imports to the US on 2 April, a day he termed "Liberation Day" (Image: Fortune via Reuters Connect)

A raft of new trade tariffs unveiled by US President Donald Trump on what he termed ‘Liberation Day’ are set to add an estimated $4.2 billion to the cost of construction equipment imported to the US.

That’s according to calculations from specialist consultancy Off-Highway Research, shared with Construction Briefing.

Net imports currently make up 20% of the construction equipment sold in the country (net imports of around 55,000 units out of a total of 287,000 units sold in the US in 2024, according to Off-Highway…

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Murray Pollok Editor, International Rental News Tel: +44 (0)1505 850043 E-mail: [email protected]
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