Trade

Deal Reached on USMCA Trade Pact

Filed in Capitol Hill, Trade by on December 10, 2019 0 Comments
Deal Reached on USMCA Trade Pact

In a step forward to address the nation’s growing housing affordability crisis, the White House and House Democrats have agreed on a deal to advance the U.S.-Mexico-Canada Agreement (USMCA). Congress is expected to act quickly to ratify the trade pact.

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Help Lift Housing By Bringing Material Costs Down

Filed in Affordability, Trade by on August 15, 2019 1 Comment
Help Lift Housing By Bringing Material Costs Down

The United States-Mexico-Canada-Agreement (USMCA) holds the potential to boost the housing economy and reduce price volatility for building materials. Take action now and ask your member of Congress to ratify the USMCA.

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NAHB Statement on Trade Developments with Mexico and Canada

Filed in Economics, Trade by on May 17, 2019 0 Comments
NAHB Statement on Trade Developments with Mexico and Canada

NAHB commends President Trump for removing tariffs on steel and aluminum imports from Canada and Mexico. This will provide momentum for Congress to ratify the United States-Mexico-Canada Agreement, which holds the potential to lift the housing economy.

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Housing Takes a Hit on Higher China Tariffs

Filed in Affordability, Trade by on May 8, 2019 15 Comments
Housing Takes a Hit on Higher China Tariffs

In a move that will harm housing affordability, the Trump administration has increased tariffs on $200 billion worth of Chinese imports — including $10 billion of goods used by the home building industry — from 10% to 25% effective at 12:01 a.m. May 10.

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NAFTA Panel Accepts NAHB Amicus Brief on Softwood Lumber Dispute

Filed in Trade by on March 28, 2019 0 Comments
NAFTA Panel Accepts NAHB Amicus Brief on Softwood Lumber Dispute

In a positive development regarding the U.S.-Canada softwood lumber trade dispute, the NAFTA Binational Panel on March 25 granted NAHB’s motion to participate as an amicus (friend) in support of Canada’s challenge of the International Trade Commission’s (ITC) countervailing and anti-dumping duties on Canadian lumber imports into the United States.

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NAHB Supports Trade Agreement with Mexico and Canada

Filed in Trade by on March 22, 2019 0 Comments
NAHB Supports Trade Agreement with Mexico and Canada

NAHB this week sent letters to Senate Majority Leader Mitch McConnell and House Speaker Nancy Pelosi expressing support for the ratification of the United States-Mexico-Canada Agreement (USMCA) and urging Congress to swiftly ratify the USMCA.

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ITC Opens New Investigation into Wooden Cabinets and Vanities from China

Filed in Trade by on March 14, 2019 0 Comments
ITC Opens New Investigation into Wooden Cabinets and Vanities from China

On March 6, the American Kitchen Cabinet Alliance, which includes more than 25 domestic companies, filed a petition with the Department of Commerce and the International Trade Commission (ITC) for the imposition of anti-dumping and countervailing (CVD) duties on wooden cabinets and vanities from China. The petition claims that the Chinese imports are being dumped at margins up to 259.99%.

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Domestic Lumber Producers Seek Revision of Current Duties

Filed in Trade by on March 6, 2019 1 Comment
Domestic Lumber Producers Seek Revision of Current Duties

The domestic softwood lumber group that spurred the Department of Commerce to impose countervailing and anti-dumping duties averaging more than 20% on softwood lumber imports from Canada is now seeking a revision of the current duties.

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House Hearing Highlights Need to Resolve Trade Disputes That Harm Housing

Filed in Capitol Hill, Trade by on February 27, 2019 0 Comments
House Hearing Highlights Need to Resolve Trade Disputes That Harm Housing

During a House Ways and Means Committee hearing today on U.S.-China trade, Rep. Mike Thompson (D-Calif.) cited concerns raised by NAHB that tariffs on Chinese goods act as a $1 billion tax on residential construction and are exacerbating the affordable housing crisis.

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Trump Delays Tariff Hike on Chinese Goods

Filed in Trade by on February 25, 2019 0 Comments
Trump Delays Tariff Hike on Chinese Goods

President Trump said yesterday that he would delay a scheduled tariff hike to 25% on $200 billion worth of Chinese imports that was set to go into effect on March 2 in order to give more time to achieve a negotiated settlement with Beijing. This action represents a positive development for home building and housing affordability.

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