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Trump's Lumber Tariff to Exacerbate US Housing Crisis
President Trump imposed a 25% tariff on Canadian lumber imports, exacerbating the US housing affordability crisis by raising construction costs; the US sources roughly 30% of its softwood lumber from Canada, and the added cost, coupled with existing duties, will likely increase home prices.
Trump's Lumber Tariff to Exacerbate US Housing Crisis
President Trump imposed a 25% tariff on Canadian lumber imports, exacerbating the US housing affordability crisis by raising construction costs; the US sources roughly 30% of its softwood lumber from Canada, and the added cost, coupled with existing duties, will likely increase home prices.
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