Tag: Canadian lumber

National Economic Council Hears NAHB Concerns on Lumber

Filed in Advocacy, Economics, Housing Affordability, Trade by on September 4, 2020 4 Comments
National Economic Council Hears NAHB Concerns on Lumber

In a special webcast for association leaders and now available to members on NAHB efforts to combat rising lumber prices and supply shortages, NAHB Chairman Chuck Fowke said that Senior Officers held talks with members of the White House National Economic Council (NEC) on Aug. 28 to discuss the impact that soaring lumber prices are having on the housing industry.

Continue Reading »

Escalating Lumber Prices Hamper Home Owner Dreams

Filed in Advocacy, Trade by on September 2, 2020 14 Comments
Escalating Lumber Prices Hamper Home Owner Dreams

Lumber prices have skyrocketed since mid-April, rising 130% and increasing the cost of a single-family home by more than $16,000. NAHB continues to advocate for solutions, but they may not come fast enough for prospective home owners who now find themselves scrambling for alternatives as a result of these skyrocketing prices.

Continue Reading »

NAHB Podcast: Skyrocketing Lumber Prices Must Be Addressed Now

Filed in Advocacy, Membership, Trade by on August 31, 2020 3 Comments
NAHB Podcast: Skyrocketing Lumber Prices Must Be Addressed Now

On the latest episode of Housing Developments, NAHB CEO Jerry Howard provides an analysis of how the housing industry is leading the nation’s economic recovery. However, Howard stresses that the recent dramatic increase in lumber prices threatens the industry and economy on the whole.

Continue Reading »

NAHB Seeks Meeting with Commerce Secretary on Soaring Lumber Prices

Filed in Advocacy, Economics, Trade by on August 4, 2020 13 Comments
NAHB Seeks Meeting with Commerce Secretary on Soaring Lumber Prices

Amidst a backdrop of record high lumber prices, NAHB is seeking to address supply chain disruptions and tariffs that are contributing to price volatility in the marketplace. Letters were sent last week to Commerce Secretary Wilbur Ross, U.S. Trade Representative Robert Lighthizer and Zoltan van Heyningen, executive director of the U.S. Lumber Coalition.

Continue Reading »

Temporary Canada Border Closure Will Not Affect Trade

Filed in Disaster Response, Trade by on March 18, 2020 0 Comments
Temporary Canada Border Closure Will Not Affect Trade

President Trump announces in a Tweet that “trade will not be affected” by the border closure between the U.S. and Canada.

Continue Reading »

Lumber Duties Could be Cut by More than 50% in August

Filed in Trade by on February 7, 2020 5 Comments
Lumber Duties Could be Cut by More than 50% in August

With lumber prices rising steadily since June 2019, a preliminary decision by the U.S. Department of Commerce to reduce duties by August on shipments of Canadian lumber into the United States is good news for home builders and home buyers.

Continue Reading »

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.

Continue Reading »

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.

Continue Reading »

House Hearing Highlights Need to Resolve Trade Disputes That Harm Housing

Filed in Advocacy, 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.

Continue Reading »

New Trade Deal Could Open Door for Future Lumber Talks

Filed in Trade by on October 3, 2018 8 Comments
New Trade Deal Could Open Door for Future Lumber Talks

The new trade deal between the U.S., Canada and Mexico that will replace the North American Free Trade Agreement (NAFTA) with the United States-Mexico-Canada Agreement or USMCA has the potential to yield positive developments regarding the ongoing U.S.-Canada lumber trade dispute.

Continue Reading »