Tag: trade

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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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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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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