Search Results: lumber tariffs

Housing Industry Braces For More Tariffs Amid Affordability Crisis

By Contributor / May 17, 2019 / 0 Comments

…Chinese imports and Chinese retaliatory tariffs already reduce U.S. Gross Domestic Product by 0.15 of a point. These additional tariffs will lower GDP by another half a point. While painful,…

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Housing Affordability: Escalation of Tariff Conflict Exacerbates Construction Costs

By Joanna England / September 24, 2018 / 1 Comment

…has vowed to place tariffs on an additional $267 billion worth of imports. The NAHB has strongly opposed this move. “As we have seen with lumber, the tariffs themselves are…

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Mortgage Report: A Trade War With China Will Impact Mortgage Rates

By Joanna England / April 9, 2018 / 0 Comments

The Dow was down last week after news broke regarding President Donald Trump’s proposed tariffs totaling billions in the simmering trade war with China. Meanwhile, bonds rallied — at the…

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The Mortgage Report: Trump’s Proposed Tariffs Send Shockwaves Through Housing Market

By Joanna England / March 5, 2018 / 0 Comments

The Trump administration announced a proposal for tariffs on imported steel and aluminum, sending shockwaves through the housing market. With tariffs on Canadian lumber already driving up the cost of…

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Canadian Lumber Tariff Could Kill More Jobs Than it Creates, Says Phil Crone

By Joanna England / May 4, 2017 / 1 Comment

…a fourth “L” — Lumber — to that equation when they announced plans to impose duties of up to 24 percent on most Canadian lumber. The most recent agreement between…

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Ask a Builder: Will Local Building be Hurt by Trump’s Canadian Lumber Tariff?

By Heather Hunter / May 4, 2017 / 0 Comments

Last week, the Trump Administration announced a new tariff of up to 24 percent on Canadian lumber. According to a report by CNN Money, Canadian lumber accounts for nearly a…

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