Move to Double Lumber Tariffs Shows White House Does Not Care About Housing Affordability

Filed in Advocacy, Housing Affordability, Material Costs by on May 22, 2021

NAHB Chairman Chuck Fowke issued the following statement following the U.S. Commerce Department’s desire to double lumber tariffs on Canadian lumber shipments into the U.S from 9% to 18.32%:

“At a time when soaring lumber prices have added nearly $36,000 to the price of a new home and priced millions of middle class households out of the housing market, the Biden administration’s preliminary finding on Friday to double the tariffs on Canadian lumber shipments into the U.S. shows the White House does not care about the plight of American home buyers and renters who have been forced to pay much higher costs for housing.

“This action clearly shows the White House is disingenuous when it claims the nation’s housing affordability crisis must be an important priority. This move certainly demonstrates a lack of courage to stand up to the U.S. lumber lobby that is already reaping record profits off the backs of hardworking American families.

“The administration should be ashamed for casting its lot with special interest groups and abandoning the interests of the American people. It knows that the lumber tariffs are nothing less than a tax on American home buyers, renters and businesses that rely on lumber products and they could not have come at a worse time. Lumber prices are already up more than 300 percent from a year ago. If the administration’s decision to double tariffs is allowed to go into effect, it will further exacerbate the nation’s housing affordability crisis, put even more upward pressure on the price of lumber and force millions of U.S. home buyers and lumber consumers to foot the bill for this ill-conceived protectionist action.

“A failure to act decisively will show that the White House has lost all credibility in its claims of fighting for housing affordability and the interests of working-class families.”

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Sites That Link to this Post

  1. U.S. Commerce Department Seeks to Double Lumber Tariffs - Builder and Developer Magazine | May 24, 2021
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  1. Leigh says:

    Makes me wonder if the administration has worked something out with the U.S. lumber industry.

    “The department’s recommendation to more than double the “all others” preliminary countervailing and anti-dumping rate to 18.32 per cent from 8.99 per cent on Friday drew criticism from the Canadian government and industry and applause from the lumber industry south of the border. “

    The Canadian Press

    https://www.cbc.ca/news/politics/commerce-department-doubles-softwood-tariffs-1.6036806

  2. Helmut Mundt says:

    Their actions are confirming what most people feared about this “new” administration.

  3. Al Zichella says:

    Extremely well said.

  4. Completely out of touch with what is actually going on . Hopefully the Republicans will step up to the plate and shut this down. No way can we afford to see these huge increases then double the tariffs. Out of control!!!

  5. What are they nuts? this needs to stop!

  6. Jeremy says:

    I own a construction company in mo.
    Lumber, fuel, and labor increases plus lack of available employees . Is and has been a recipe for disaster. Tremendous burden on small construction companies and larger scale also. Very very bad stuff happening to hard working people

  7. Jerry Koncz says:

    Are they out of their mind.
    Simple math….
    A $6 2×4, 9% tax is 54 cents May 2020.
    May 2021 it is now $20, the tax is now $1.80.
    Already 330% higher. And the government
    wants to double something that they are already
    getting more than tripled.
    The government needs to be wiser than this.
    Stop adding to an already overburdened
    housing industry.