Tag: tariffs

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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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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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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NAHB CEO Howard: Lumber Producers Acting Like Oil Cartels of the 1970s

Filed in Construction Industry, Home Building by on August 27, 2018 7 Comments
NAHB CEO Howard: Lumber Producers Acting Like Oil Cartels of the 1970s

In a National Post story on how lumber tariffs are affecting U.S. and Canadian lumber producers as well as American consumers, NAHB CEO Jerry Howard said the domestic lumber industry was behaving in a manner similar to the oil cartels of the 1970s.

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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.

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Builders Discuss Rising Lumber Prices with Commerce Secretary Ross

Filed in Capitol Hill, Leadership, Trade by on June 19, 2018 26 Comments
Builders Discuss Rising Lumber Prices with Commerce Secretary Ross

NAHB Chairman Randy Noel, CEO Jerry Howard and senior staff met today with Commerce Secretary Wilbur Ross to discuss the growing problem of escalating lumber prices that are being exacerbated by tariffs on Canadian lumber imports into the U.S.

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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.

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Record-High Lumber Costs Adding More than $7,000 to the Price of a Home

Filed in Capitol Hill by on May 11, 2018 24 Comments
Record-High Lumber Costs Adding More than $7,000 to the Price of a Home

Since the beginning of last year, rising lumber prices — primarily as a result of tariffs on imported Canadian softwood lumber — have increased the price of an average single-family home by more than $7,000.

We need you to take action now by writing the White House and your member of Congress today.

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NAHB Joins Leading Economists Warning that Tariffs Threaten an Economic Downturn

Filed in Codes and Regulations, Economics by on May 3, 2018 9 Comments
NAHB Joins Leading Economists Warning that Tariffs Threaten an Economic Downturn

NAHB Chief Economist Robert Dietz joined several other prominent economists at a forum at the National Press Club in Washington today to warn that a trade policy based on tariffs is harmful to growth and prosperity.

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U.S. Trade Rep Shows No Sense of Urgency on Lumber Trade Dispute

Filed in Capitol Hill by on March 23, 2018 7 Comments
U.S. Trade Rep Shows No Sense of Urgency on Lumber Trade Dispute

During a March 21 hearing before the House Committee on Ways and Means on the U.S. trade policy agenda, U.S. Trade Representative Robert Lighthizer said there is little chance that the softwood lumber trade dispute with Canada will be resolved anytime soon.

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