TL:DRA recent website poll from Equipment World found that a
majority of contractors support President Donald Trump’s tariffs on China, which reached as high at 145%.Just over 65% of contractors said they supported the more than 100% tariffs on China; 30% were opposed, and 4.6% were unsure. The poll received 263 responses.[..]
When asked if the tariffs were impacting their decision to purchase new equipment, 37.3% said it was, 55.5% said it wasn’t, and 6.8% weren’t sure.
[..]
When asked if the tariffs were impacting what equipment brands they were considering buying, 39.2% said it was, 50.2% said it wasn’t, and 10.6% said they weren’t sure.
Among contractors who said it was impacting their equipment brands purchasing decisions, most pointed to buying products that were made in America or brands that would be least impacted by the tariffs.My Thoughts 💭
Somewhat shocked by this. The construction sector is not so reliant on Chinese goods and services to conduct services unlike retail (looking at you Walmart)