- In May of 2019, US tariffs on $200 billion worth of Chinese goods were increased to 25%, the National Association of Home Builders (NAHB) reported.
- According to the NAHB, $10 billion worth of goods impacted by the increased tariffs are used by the home-building industry.
- Daryl Fairweather, the chief economist of the real-estate company Redfin, told Business Insider the increased tariffs will continue to limit home building.
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The United States’ trade war with China hasn’t left the housing industry untouched.
In May, tariffs on $200 billion worth of Chinese goods were increased from read more >>>