Tag: tariffs

Lumber Prices Continue to Price Home Owners — and Builders — Out of the Market

Filed in Advocacy, Trade by on September 15, 2020 29 Comments
Lumber Prices Continue to Price Home Owners — and Builders — Out of the Market

Lumber prices increased 14.9% in August, marking historical gains. Such a sharp increase has put unnecessary pressure on home owners and builders alike to figure out how to close the gap — and potentially not build at all.

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Escalating Lumber Prices Hamper Home Owner Dreams

Filed in Advocacy, Trade by on September 2, 2020 12 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.

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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.

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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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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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U.S. and China Agree to Suspend Proposed Tariff Hike

Filed in Trade by on December 3, 2018 3 Comments
U.S. and China Agree to Suspend Proposed Tariff Hike

The agreement between the United States and China to suspend a proposed Jan. 1 tariff boost to 25% on $200 billion worth of Chinese imports, including $10 billion of goods used by the home building industry, is a positive development for the home building industry.

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Chinese Tariffs Act as a $1 Billion Tax Hike on Housing, Could Jump to $2.5 Billion

Filed in Economics, Trade by on September 18, 2018 31 Comments
Chinese Tariffs Act as a $1 Billion Tax Hike on Housing, Could Jump to $2.5 Billion

President Trump’s decision yesterday to escalate the trade conflict with China could wind up imposing a $2.5 billion tax increase on residential construction at time when builders are already grappling with higher housing costs.

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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 Advocacy, Trade 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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