Tariff Impacts on Construction

Recent policy proposals from the White House, including tariffs and executive orders, could significantly affect the U.S. construction industry if implemented. The most notable actions include a 25% tariff on imports from Canada and Mexico and as low as a 10% and as high as a 60% tariff on Chinese goods.

Considering these developments, we have a solution to help you understand and proactively mitigate what’s in your contracts:

• Automated Contract Risk Reviews: Helps construction leaders conduct thorough reviews of contracts to identify vulnerabilities related to tariffs and executive orders. 

• AI-Driven Insights: Provides standardized workflow with Checklists that include pre-approved clauses for managing policy changes effectively. 

• Collaboration Tools: Allows legal and risk management teams to collaborate in real-time to adjust contract terms efficiently. 

Ready to see it in action? Schedule a demo today.