Tariffs on imported materials could push up post-disaster costs

Justin Ho Sep 13, 2018
HTML EMBED:
COPY
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

Tariffs on imported materials could push up post-disaster costs

Justin Ho Sep 13, 2018
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
HTML EMBED:
COPY

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.

Click the audio player above to hear the full story. 

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.