HVAC, plumbing, and electrical equipment to be hard hit by tariffs

The new tariffs recently announced by the Trump administration will lead to higher costs on building materials, with HVAC, plumbing, and electrical equipment expected to be particularly hard hit.

Some building material companies have already raised prices, and others are expected to do so. Tariffs on eight of the top 10 exporters of HVAC and water-heating equipment are as high as 46%.

HVAC manufacturers that assemble units domestically will pay more for components and will likely pass those cost increases onto customers. Asian countries will be among those paying the highest tariffs.

China faces a tariff of 34%, followed by Taiwan at 32%, Japan at 24%, and Vietnam at 46%. These countries supply many building products and parts that appliance manufacturers use to assemble products.