By Jason McLarry, Frank Riggs and Jonathan Yi (May 11, 2018, 3:07 PM EDT) -- On March 23, 2018, the U.S. began imposing a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports.[1] As a result, owners, contractors and subcontractors — especially those performing under fixed or lump-sum arrangements — are bracing for a potential rise in the price of these commodities and turning to their contracts to understand the price risks and determine ways to minimize project disruption. Likewise, given the White House's announcement that it would temporarily suspend the tariffs for goods from certain countries, including Canada, Mexico and the EU,[2] project stakeholders are inquiring into the origin of the goods to demand, for example, that any steel or aluminum not yet purchased be sourced from favored nations that are not subject to the tariffs....