Tag: softwood lumber

NAFTA Panel Accepts NAHB Amicus Brief on Softwood Lumber Dispute

Filed in Trade by on March 28, 2019 0 Comments
NAFTA Panel Accepts NAHB Amicus Brief on Softwood Lumber Dispute

In a positive development regarding the U.S.-Canada softwood lumber trade dispute, the NAFTA Binational Panel on March 25 granted NAHB’s motion to participate as an amicus (friend) in support of Canada’s challenge of the International Trade Commission’s (ITC) countervailing and anti-dumping duties on Canadian lumber imports into the United States.

Continue Reading »

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.

Continue Reading »

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.

Continue Reading »

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 31 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.

Continue Reading »

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.

Continue Reading »

NAHB to Administration: Negotiate Now

Filed in Leadership by on August 2, 2018 5 Comments
NAHB to Administration: Negotiate Now

As lumber prices continue to climb to the detriment of home builders and their customers, members of the NAHB Board of Directors have an important message for Secretary of Commerce Wilbur Ross and U.S. Trade Representative Robert Lighthizer: Negotiate now.

Continue Reading »

A Looming $1 Billion Tax on Housing

Filed in Economics by on July 27, 2018 41 Comments
A Looming $1 Billion Tax on Housing

President Trump’s plans to propose 10% tariffs on $200 billion worth of Chinese imports — including nearly 500 products used in residential construction — could have major ramifications for the housing industry.

Continue Reading »

Shortages of Framing Lumber More Widespread than Ever

Filed in Labor, Safety and Health by on June 22, 2018 4 Comments
Shortages of Framing Lumber More Widespread than Ever

Shortages of framing lumber are now more widespread than at any time since NAHB began tracking the issue in 1994, according to results from the May 2018 survey for the NAHB/Wells Fargo Housing Market Index.

Continue Reading »

More than 170 Lawmakers Take a Stand for Homeownership

Filed in Capitol Hill by on June 14, 2018 8 Comments
More than 170 Lawmakers Take a Stand for Homeownership

At the behest of NAHB, 171 members of Congress this week sent a joint letter to the Trump administration calling on the U.S. to resume talks with Canada to negotiate a new softwood lumber trade agreement.

Continue Reading »

Builders Say Lumber Tops Labor as Biggest Challenge

Filed in Business Management, Economics, Trade by on May 25, 2018 5 Comments
Builders Say Lumber Tops Labor as Biggest Challenge

In his bi-weekly overview of the housing market, NAHB’s chief economist describes the most serious headwind facing housing markets today: the escalation of framing lumber prices — up 59% since the start of 2017.

Continue Reading »