Surveilling a multimillion-dollar beachfront property in South Florida, Robert W. Burrage, founder of RWB Construction Management, reflects on what President Donald Trump's wide-ranging tariffs will mean for his business that builds luxury homes for wealthy clients.
So far, the biggest changes Burrage has observed are more letters and emails from subcontractors and vendors indicating they may have to raise prices. Eventually. At some point. As no one knows what the tariff rates will actually be, what countries and goods they will apply to, and when they will be implemented, it's been tough to gauge exactly what they mean for suppliers, builders, and buyers alike.
