NAHB Statement on Trade Developments with Mexico and Canada

Filed in Economics, Trade by on May 17, 2019 0 Comments

tradeNAHB Chairman Greg Ugalde issued the following statement after the White House announced the United States would remove tariffs on steel and aluminum imports from Canada and Mexico:

“NAHB commends President Trump for removing tariffs on steel and aluminum imports from Canada and Mexico. This will provide momentum for Congress to ratify the United States-Mexico-Canada Agreement (USMCA), which holds the potential to lift the housing economy.

“Now that the White House has achieved substantial progress in advancing the USMCA, we urge the administration to focus its efforts on resolving the softwood lumber trade dispute with Canada. Tariffs averaging more than 20 percent on Canadian softwood lumber shipments into the U.S. are exacerbating price volatility and needlessly driving up housing costs. A prompt resolution to this ongoing trade conflict with our neighbor to the north will help to ease ongoing housing affordability concerns.”

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