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NAHB Leaders Discuss Lumber Tariffs with Canadian Officials 12-08-21 | News

NAHB Leaders Discuss Lumber Tariffs with Canadian Officials

Tariffs Nearly Doubled Under Commerce Department Actions

National Association of Home Builders (NAHB) leaders met with Canadian officials to discuss the doubling of lumber tariffs and the effect it will hade on American home builders and buyers and affordability.

National Association of Home Builders (NAHB) leaders met to discuss softwood lumber issues with Canadian officials at the Canadian embassy in Washington recently.

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NAHB CEO, Jerry Howard and Chief Lobbyist, Jim Tobin talked with Canadian Trade Minister, Mary Ng, Ambassador, Kirsten Hillmen and members of the Canadian parliament met to discuss the Commerce Department's recent action to double tariffs on Canadian lumber imports from 9 percent to 18 percent and the need to restart negotiations on a new softwood lumber trade agreement.

The tariffs harm housing affordability by acting as a tax on American home builders and buyers. Tariffs also contribute to a huge price volatility in the lumber industry by putting pressure on lumber costs.

NAHB sent a letter to President Biden on December 3rd asking him, "to take quick action by your administration to combat high lumber prices by engaging with Canada on a new softwood lumber trade agreement and increasing domestic lumber production."

https://nahbnow.com/2021/12/nahb-leaders-discuss-lumber-tariffs-with-canadian-officials/

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