Tag: trade

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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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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Bipartisan Group of Senators Seek Fair Resolution of Lumber Trade Dispute

Filed in Capitol Hill, Trade by on September 12, 2018 1 Comment
Bipartisan Group of Senators Seek Fair Resolution of Lumber Trade Dispute

In an effort spearheaded by NAHB, a dozen Republican and Democratic members of the U.S. Senate on Sept. 11 sent a joint letter to the Trump administration calling on the U.S. to resume softwood lumber trade negotiations with Canada.

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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 Construction Industry, Home Building 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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NAHB Joins Leading Economists Warning that Tariffs Threaten an Economic Downturn

Filed in Codes and Regulations, Economics by on May 3, 2018 9 Comments
NAHB Joins Leading Economists Warning that Tariffs Threaten an Economic Downturn

NAHB Chief Economist Robert Dietz joined several other prominent economists at a forum at the National Press Club in Washington today to warn that a trade policy based on tariffs is harmful to growth and prosperity.

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U.S. Trade Rep Shows No Sense of Urgency on Lumber Trade Dispute

Filed in Capitol Hill by on March 23, 2018 7 Comments
U.S. Trade Rep Shows No Sense of Urgency on Lumber Trade Dispute

During a March 21 hearing before the House Committee on Ways and Means on the U.S. trade policy agenda, U.S. Trade Representative Robert Lighthizer said there is little chance that the softwood lumber trade dispute with Canada will be resolved anytime soon.

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Lumber Tariffs ‘Could Not Have Come at a Worse Time’

Filed in Codes and Regulations, Construction Industry by on November 2, 2017 10 Comments
Lumber Tariffs ‘Could Not Have Come at a Worse Time’

The Commerce Department’s decision to impose new duties “is nothing more than a thinly-disguised tax on American home buyers, home builders and consumers,” said NAHB chairman Granger MacDonald.

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In Wake of Harvey, NAHB Urges Action on Lumber Supply

Filed in Disaster Response, Home Building, Leadership by on August 30, 2017 1 Comment
In Wake of Harvey, NAHB Urges Action on Lumber Supply

“In the aftermath of the devastating storm, demand for softwood lumber is expected to increase dramatically as home builders and remodelers repair and replace housing in Houston and across Texas. This crisis makes it more important than ever that the United States quickly achieve a lasting trade agreement regarding U.S. imports of Canadian softwood lumber,” said NAHB Chair Granger MacDonald today.

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