If you’re a bit of a news hound, you’re hearing quite a bit about U.S. tariffs on Chinese manufactured goods. But what about the tariff on Canadian lumber? Back in May of this year, President Trump announced lifting aluminum and steel tariffs on Canada and Mexico. But he said nothing about lifting the Canadian lumber
Experts warn Mexican tariffs will hurt housing market
June 6, 2019 by
Housing experts have warned that President Donald Trump’s plans to impose a 5% tariff on imported Mexican goods could have a negative impact on the real estate market, leading to higher home prices and more expensive household goods. For example, they say newly-built homes would become more expensive as building materials will cost more, CNBC
Trump’s latest trade tariffs on China could drive up home prices, experts warn
September 21, 2018 by
President Donald Trump’s administration this week imposed another round of trade tariffs worth some $200 billion on Chinese goods, and now homebuilders say they’re worried
How Lumber Tariffs Affect New Construction
July 17, 2018 by
The tariffs on imported Canadian softwoods averages 20.83% but that is only part of the story about the impact and price increases to new housing.
