General World News

Trump tariffs would result in homebuilder price increases

Trump-

Praising tariffs as “the greatest thing ever invented“ is unusual — that title is typically reserved for for sliced bread — but Donald Trump has always been vocal about his trade policies.

An impending return to the White House for Trump could raise U.S. homebuilding costs as his proposed tariffs would likely increase prices for essential construction materials. This echoes the impacts on housing costs from his previous term through higher tariffs on Canadian lumber.

Under President Joe Biden’s administration, tariffs on Canadian softwood lumber have persisted and even doubled. This has led to mill closures details ⇒

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