Statement from NAHB Chairman Buddy Hughes on President Trump’s Tariff Announcement

Buddy Hughes, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Lexington, N.C., issued the following statement after President Trump announced a wide range of reciprocal tariffs on several nations:

“While the complexity of these reciprocal tariffs makes it hard to estimate the overall impact on housing, they will undoubtedly raise some construction costs. However, NAHB is pleased President Trump recognized the importance of critical construction inputs for housing and chose to continue current exemptions for Canadian and Mexican products, with a specific exemption for lumber from any new tariffs at this time. NAHB will continue to work with the administration to find ways to increase domestic lumber production, reduce regulatory burdens, and create an environment that allows builders to increase our nation’s housing supply.”