Trump Tariffs Could Nearly Triple Lumber Costs Raising Housing Concerns
Proposed tariffs on Canada and Mexico could triple costs of lumber imports, some experts say, and hurt U.S. housing.
Trump tariffs on Canadian lumber could add to cost of new central Ohio homes
The tariffs, imposed by the Trump administration, were scheduled to take effect Tuesday, though the administration announced a reprieve of the Mexican tariffs on Monday. Early Monday evening, a pause on the Canadian tariffs was also announced.
Trump's tariffs will raise the roof on home prices
An analysis from John Burns Research and Consulting, which focuses on the housing industry, estimates the cost of a newly-constructed home will increase by nearly 5% if the White House’s proposed tariffs are implemented.. That’s about $21,000 on the median-priced new home.
New tariffs could raise home prices and sideline potential buyers
The tariffs are likely to hit smaller homebuilders with tighter margins harder, but big builders aren't immune.
Tariffs could impact lumber costs, housing prices in Central Texas
According to a local real estate broker, the tariffs could affect lumber and dry wall prices — which could make home prices even higher.
Chicago area lumber, gas prices could spike if President Trump's tariffs go ahead
While the tariffs on Mexico and Canada have been paused, there was still concern late Monday about what happens next month if the tariffs go ahead in a month.
Here are the products that could see big price increases from Trump’s tariff fight
Trump had announced 25% tariffs on goods from Canada and Mexico, along with a 10% tariff on products from China. An ING estimate says the potential economic impact of those tariffs could work out to $835 per person (or $3,242 for a family of four).
Trump's tariffs could raise home prices amid 'affordability crisis,' some experts say
In a series of social media posts over recent days, President Donald Trump said the tariffs target Canada, Mexico and China for hosting the manufacture and transport of illicit dr
Trump tariffs: Potential impact on U.S. lumber industry
President Donald Trump has agreed to a pause on tariff's against Canada and Mexico. If they are reimplemented, there could be conflict between between Canada and the U.S.
Prices On Groceries, Cars And Popular Products From Shein And Temu Could Also Spike Amid Trump’s Tariffs
The president’s tariffs against China, Mexico and Canada eliminated a trade exemption used by low-cost retailers.
Trump's threatened tariffs on Mexico and Canada could inflate home prices — even if he never imposes them
Building a typical new home could cost $40,000 more if Trump's tariffs on Canada and Mexico go into effect, per an industry ...
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Canadian Lumber Tariffs Rise To Nearly 40%, NAHB Reports
President Trump announced plans to impose 25% tariffs on Canadian and Mexican goods last Friday, including lumber and other ...
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Trump tariffs on Canadian lumber could be a ‘nightmare’ for California’s fire recovery
The U.S. construction industry may face higher lumber prices within a month if President Donald Trump follows through with his threat of tariffs on Canada this weekend. That’s particularly bad ...