NAHB Supports the United States-Mexico-Canada Agreement
Building quality, affordable housing for all Americans depends critically on the free and fair trade of building materials with our two leading trade partners — Canada and Mexico. The United States-Mexico-Canada Agreement (USMCA) holds the potential to lift the housing economy.
Each year, the U.S. residential construction and remodeling industries rely on tens of billions of dollars in building materials sourced from Mexico and Canada.These materials are not simply the constituent parts of a home, they also represent jobs for Americans building those homes.
In the absence of an updated, improved agreement with Mexico and Canada, imported building materials may experience price spikes and shortages, ultimately leading to higher home prices in the United States.
NAHB urges Congress to work to ensure the swift ratification of the USMCA.