March 12, 2025
If you’re planning on replacing your HVAC system, you may start to notice an increase in costs soon. New tariffs on steel and aluminum imports are set to impact the prices of heating and cooling systems, making it more expensive to keep your home comfortable.
The U.S. government has placed a 25% tariff on steel and aluminum imports from key trading partners such as Canada, Mexico, China, and the European Union (AP News)HVAC systems rely on steel and aluminum for key components like air conditioner coils, ductwork, and unit structures. Because of this manufacturers will start to face higher material costs, costs that will be eventually passed down to the customer.
In 2023 the U.S. imported around $9.42 billion worth of HVAC parts, with nearly 70% coming from the tariff affected countries. (World Bank).
The increased costs could result in:
If you are in the market for a new HVAC system here are a few things to help you navigate these changes:
While tariffs are expected to raise HVAC prices over time, being proactive can help you avoid unnecessary expenses. Keep an eye on industry trends and plan ahead to make the best decision for your home. If you are ready to take the next step towards better home comfort get a free instant quote today with Mint Home.
Interested in getting ahead of the tariff's and upgrading your HVAC system? Get a free instant quote today!
AP News. Trump's 25% tariffs on all steel and aluminum imports go into effect ACHR News. How Tariffs Will Impact HVAC Pricing World Bank. Trade Data on U.S. HVAC Imports, 2023 Contracting Business. Trump Tariffs Take Effect: What Do They Mean for the HVACR Industry? Origin Investments. Construction Market Braces for Trump Tariff Impact
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