Builders Weigh in at Tariff Talk

Facebooktwitterlinkedin

Posted To: MND NewsWire

Opposition to the recently announced tariffs on steel and aluminum imports is beginning to emerge from the construction industry. President Donald J. Trump announced last week that he would be imposing a 10 percent tariff on aluminum and 25 percent on steel. The National Association of Home Builders (NAHB) almost immediately issued a statement regarding the announcement. Chairman Randy Noel said, “It is unfortunate that President Trump has decided to impose tariffs of 25 percent on steel imports and 10 percent on aluminum imports. These tariffs will translate into higher costs for consumers and U.S. businesses that use these products, including home builders. “Given that home builders are already grappling with 20 percent tariffs on Canadian softwood lumber and that the price of lumber and…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Facebooktwitterredditpinterestlinkedinmail
Show Buttons
Hide Buttons