Rising Tariffs Will Hinder the Home Building Industry
NAHB is continuing to lead the fight against rising tariffs because of the detrimental effect the additional costs will have on housing affordability. These tariffs essentially act as a tax on American builders, home buyers and consumers.
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Materials Costs Affect Housing Affordability
The U.S. and Canada must reach a long-term trade agreement on softwood lumber.
How Tariffs Impact the Home Building Industry
Several factors — notably inflationary pressures and global factors, including trade uncertainty — are driving up the cost of new homes.
United State-Canada-Mexico Agreement
The U.S.-Mexico-Canada Agreement (USMCA) is a free trade treaty that went into effect in July 2020 to replace NAFTA.