Seattle Times Highlights NAHB’s Opposition to Lumber Tariffs
The Seattle Times has published an editorial by NAHB Chairman Chuck Fowke that lays out a strong case against tariffs on Canadian lumber shipments into the United States that are fueling lumber price volatility and harming housing affordability.
Under the headline, “Tariffs on Canadian Lumber are Driving Up Home Prices,” Fowke lays out a strong case on how the Commerce Department’s recent move to double tariffs on Canadian lumber from 9% to 17.9% has effectively delivered a body blow to American home buyers, renters and businesses that rely on lumber products.
He further cites the reasons for the latest lumber price surge and provides specific actions that policymakers need to take to reduce price volatility and increase supply.