Trump tariffs are about to hit your AC repair bill

A series of recent policy moves and court rulings around U.S. tariffs are feeding cost inflation across multiple sectors and creating near-term volatility. Revisions to Section 232 removed a U.S.-origin metal exemption, pushing effective duties on some Mexico-built HVAC units from ~8% to nearly 25% and prompting manufacturers (Lennox, WaterFurnace) to announce price increases in May. At the same time the Supreme Court ruling on IEEPA tariffs has led to large refund processing (tens of billions), adding uncertainty for importers and Treasury receipts. The net effect: higher input and repair costs, uneven pass-through to consumers, and disrupted supply-chain timing (front‑loading), all of which are inflationary and increase macro uncertainty — a backdrop that typically supports safe-haven assets like gold (XAUUSD) amid higher CPI and policy risk.