Trade

NAHB Supports Trade Agreement with Mexico and Canada

Filed in Trade by on March 22, 2019 0 Comments

NAHB this week sent letters to Senate Majority Leader Mitch McConnell and House Speaker Nancy Pelosi expressing support for the ratification of the United States-Mexico-Canada Agreement (USMCA) and urging Congress to swiftly ratify the USMCA.

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ITC Opens New Investigation into Wooden Cabinets and Vanities from China

Filed in Trade by on March 14, 2019 0 Comments
ITC Opens New Investigation into Wooden Cabinets and Vanities from China

On March 6, the American Kitchen Cabinet Alliance, which includes more than 25 domestic companies, filed a petition with the Department of Commerce and the International Trade Commission (ITC) for the imposition of anti-dumping and countervailing (CVD) duties on wooden cabinets and vanities from China. The petition claims that the Chinese imports are being dumped at margins up to 259.99%.

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Domestic Lumber Producers Seek Revision of Current Duties

Filed in Trade by on March 6, 2019 1 Comment
Domestic Lumber Producers Seek Revision of Current Duties

The domestic softwood lumber group that spurred the Department of Commerce to impose countervailing and anti-dumping duties averaging more than 20% on softwood lumber imports from Canada is now seeking a revision of the current duties.

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House Hearing Highlights Need to Resolve Trade Disputes That Harm Housing

Filed in Capitol Hill, Trade by on February 27, 2019 0 Comments
House Hearing Highlights Need to Resolve Trade Disputes That Harm Housing

During a House Ways and Means Committee hearing today on U.S.-China trade, Rep. Mike Thompson (D-Calif.) cited concerns raised by NAHB that tariffs on Chinese goods act as a $1 billion tax on residential construction and are exacerbating the affordable housing crisis.

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Trump Delays Tariff Hike on Chinese Goods

Filed in Trade by on February 25, 2019 0 Comments
Trump Delays Tariff Hike on Chinese Goods

President Trump said yesterday that he would delay a scheduled tariff hike to 25% on $200 billion worth of Chinese imports that was set to go into effect on March 2 in order to give more time to achieve a negotiated settlement with Beijing. This action represents a positive development for home building and housing affordability.

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U.S. and China Agree to Suspend Proposed Tariff Hike

Filed in Trade by on December 3, 2018 3 Comments
U.S. and China Agree to Suspend Proposed Tariff Hike

The agreement between the United States and China to suspend a proposed Jan. 1 tariff boost to 25% on $200 billion worth of Chinese imports, including $10 billion of goods used by the home building industry, is a positive development for the home building industry.

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New Trade Deal Could Open Door for Future Lumber Talks

Filed in Trade by on October 3, 2018 8 Comments
New Trade Deal Could Open Door for Future Lumber Talks

The new trade deal between the U.S., Canada and Mexico that will replace the North American Free Trade Agreement (NAFTA) with the United States-Mexico-Canada Agreement or USMCA has the potential to yield positive developments regarding the ongoing U.S.-Canada lumber trade dispute.

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Chinese Tariffs Act as a $1 Billion Tax Hike on Housing, Could Jump to $2.5 Billion

Filed in Economics, Trade by on September 18, 2018 29 Comments
Chinese Tariffs Act as a $1 Billion Tax Hike on Housing, Could Jump to $2.5 Billion

President Trump’s decision yesterday to escalate the trade conflict with China could wind up imposing a $2.5 billion tax increase on residential construction at time when builders are already grappling with higher housing costs.

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Bipartisan Group of Senators Seek Fair Resolution of Lumber Trade Dispute

Filed in Capitol Hill, Trade by on September 12, 2018 1 Comment
Bipartisan Group of Senators Seek Fair Resolution of Lumber Trade Dispute

In an effort spearheaded by NAHB, a dozen Republican and Democratic members of the U.S. Senate on Sept. 11 sent a joint letter to the Trump administration calling on the U.S. to resume softwood lumber trade negotiations with Canada.

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NAHB Responds to Trump Tariff Threat

Filed in Economics, Trade by on September 7, 2018 0 Comments
NAHB Responds to Trump Tariff Threat

NAHB urged caution after President Trump today threatened to impose tariffs on $267 billion worth of Chinese imports that would be in addition $200 billion in duties on Chinese goods that the administration is already considering.

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