Well, that didn’t take long. The new U.S. tariffs on steel and aluminum imports went into effect at the end of March, and many manufacturers are already raising prices on equipment.
New U.S. tariffs on steel and aluminum imports are going to have major consequences for a multitude of manufacturing segments around the globe, but the HVAC industry looks to be particularly impacted.
The Air-Conditioning, Heating, and Refrigeration Institute (AHRI), which represents manufacturers of heating, air conditioning, commercial refrigeration, and water heating products and equipment, is disappointed in the decision announced today by President Trump to impose additional tariffs on steel and aluminum. AHRI does not support additional tariffs on steel and aluminum due to their impact on manufacturers and consumers.
