Tariffs
In a significant blow to President Donald Trump’s trade policy, the Supreme Court ruled 6-3 on Friday that the International Emergency Economic Powers Act does not give the president the authority to impose tariffs. So, what does this mean for the housing market? As previously reported by CandysDirt.com, increases in the cost of new construction…
Those looking to refurnish or finally update that kitchen got a late Christmas present courtesy of President Donald Trump, who once again delayed the implementation of previously threatened tariffs on certain goods. On New Year’s Eve, the White House announced that a planned 50% tariff on imported kitchen cabinets and vanities and a planned 30%…
Consumer perception of rising inflation has been growing since the beginning of the year. The tariff tantrums are inflicting far more damage to the US economy than any other country, and the full impact has yet to be felt by US consumers. The new tax bill that just passed the House will raise the federal…
By Jonathan MillerSpecial Contributor There are lots of stories coming out of the brokerage community about properties being de-listed or deals blowing up attributable to the Tariff Tantrums the world is currently enduring. I’ve been talking at length about the uncertainty that tariffs burden consumers within the decision-making process, especially when no underlying strategy or…
The economic uncertainty caused by President Donald Trump’s tariff-fueled trade policy is putting builders and prospective homeowners in a tight spot. We’ve all been living through tariff whiplash over the last week, and the latest news coming out of Wednesday is that Trump is pausing many of the higher tariffs he announced on “Liberation Day”…