What Building Product Companies Are Better Positioned During Tariff Turbulence? BofA Securities Weighs In

BofA Securities analyst Rafe Jadrosich writes that the building product companies may encounter significant headwinds from tariffs, though the full impact remains uncertain.

Notably, last week, the Trump administration proposed steep new tariffs on several countries, while maintaining current rates for USMCA-compliant goods from Mexico and Canada.

The analyst writes that this announcement poses risks for plumbing firms such as Fortune Brands Innovations, Inc. (NYSE:FBIN) and Masco Corp (NYSE:MAS) because they’ve moved production to Southeast Asia and still maintain exposure to China.

Mohawk Industries, Inc. (NYSE:MHK) and Whirlpool Corp (NYSE:

https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44697981/what-building-product-companies-are-better-positioned-during-tariff-turbulence-bofa