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Self-Storage Talk Featured Thread: Steel Wars and Their Effect on Facility Development

March 9, 2018

1 Min Read
Self-Storage Talk Featured Thread: Steel Wars and Their Effect on Facility Development

President Trump has issued new tariffs on imported steel and aluminum. Set to take effect in two weeks, these fees will apply to product from every country except Canada and Mexico. The move is considered controversial, and those inside and out of Washington, D.C., fear a global trade war could ensue. With the self-storage industry in the midst of an incredible development boom, there’s no doubt its projects be affected, as storage structures are largely made of steel. Will the new tariffs lead to a steel shortage, higher product costs or delays in shipments? Read what others predict and join the conversation on this hot topic.

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