Tag: trade

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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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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Lumber Tariffs ‘Could Not Have Come at a Worse Time’

Filed in Codes and Regulations, Construction Industry by on November 2, 2017 10 Comments
Lumber Tariffs ‘Could Not Have Come at a Worse Time’

The Commerce Department’s decision to impose new duties “is nothing more than a thinly-disguised tax on American home buyers, home builders and consumers,” said NAHB chairman Granger MacDonald.

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In Wake of Harvey, NAHB Urges Action on Lumber Supply

Filed in Disaster Response, Home Building, Leadership by on August 30, 2017 1 Comment
In Wake of Harvey, NAHB Urges Action on Lumber Supply

“In the aftermath of the devastating storm, demand for softwood lumber is expected to increase dramatically as home builders and remodelers repair and replace housing in Houston and across Texas. This crisis makes it more important than ever that the United States quickly achieve a lasting trade agreement regarding U.S. imports of Canadian softwood lumber,” said NAHB Chair Granger MacDonald today.

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Short-Term Window in Collecting Canadian Lumber Duties Could Boost Market

Filed in Economics by on August 17, 2017 1 Comment
Short-Term Window in Collecting Canadian Lumber Duties Could Boost Market

In what could be a positive development in the ongoing U.S.-Canadian lumber dispute, countervailing duties on Canadian lumber shipments into the U.S. will be temporarily suspended between Aug. 26 and Sept. 6. While no one can predict with any certainty how this will affect lumber prices, the lumber futures market is anticipating that this development could temporarily moderate the cost of lumber.

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Non-Canadian Softwood Lumber Imports Hit a 10-Year High

Filed in Home Building by on May 22, 2017 1 Comment
Non-Canadian Softwood Lumber Imports Hit a 10-Year High

In a positive development for home builders, lumber consumers and housing affordability, U.S. softwood lumber imports (excluding shipments from Canada) hit a decade high in the first quarter.

European suppliers – including Australia, Germany, Sweden, Finland, the Czech Republic, Russia, Lithuania, Estonia, Latvia and Romania – accounted for nearly all the increase.

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What is the Impact of New Duties on Canadian Lumber?

Filed in Economics by on April 25, 2017 14 Comments
What is the Impact of New Duties on Canadian Lumber?

A new analysis by NAHB shows that more than 8,000 full-time jobs will be lost this year as the result of the decision by the U.S. Department of Commerce to impose a 19.88% duty on Canadian softwood lumber exports to the United States.

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Proposed Lumber Duties Will Harm Consumers, Housing Affordability

Filed in Construction Industry, Economics, Home Building by on April 25, 2017 11 Comments
Proposed Lumber Duties Will Harm Consumers, Housing Affordability

NAHB denounced the U.S. Commerce Department’s decision to impose a 20% countervailing duty on Canadian lumber imports, saying it will harm American home buyers, consumers and businesses while failing to resolve the underlying trade dispute between the two nations.

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NAHB’s Lumber Battle Plays Out in the Press

Filed in Codes and Regulations, Construction Industry by on April 19, 2017 8 Comments
NAHB’s Lumber Battle Plays Out in the Press

NAHB’s longstanding battle to maintain consistent and consistently priced sources of lumber for our members is gaining visibility in the press as your association hammers home the fallout from the trade dispute between the United States and Canada: Higher prices for home buyers.

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