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Tariffs on imported materials could push up post-disaster costs

Justin Ho Sep 13, 2018
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Waves created by Hurricane Florence are seen along Cherry Grove Fishing Pier on September 14, 2018 in North Myrtle Beach, United States. 
Joe Raedle/Getty Images

Hurricane Florence, currently tearing along the Southeast coast of the U.S. could bring wind gusts of 80 mph. The governor of North Carolina said that “tens of thousands of structures are expected to be flooded.” The post-storm costs could be high as communities buy up the drywall, lumber, and steel to rebuild. The price of some of those imported materials is being driven up by tariffs.

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