The Sector Resilience Series
A series of industry-focused reports combining deep knowledge and expert analysis of current economic and geopolitical risk metrics to understand what’s at risk for our customers – and what the right coverage can make possible.
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18 July 2025
Trade tensions and the construction sector
While cement remains less exposed to geopolitical shocks, aluminium and steel costs are expected to rise thanks to new and higher tariffs. In North America, US-Canada trade tensions, rather than China, may present the biggest challenges and drive the most disruptions for the construction sector.
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