Supreme Court Leaves Trump’s 25% Steel Tariffs in Place
The Supreme Court today decided not to hear a case brought by American Institute for International Steel challenging the Trump administration’s 25% tariffs on steel imports into the U.S. As a result, the steel tariffs will remain in place.
“This is a disappointing development as tariffs on steel imports raise the cost of construction and housing,” said NAHB Chairman Chuck Fowke. “With supply-side disruptions stemming from the COVID-19 pandemic already exacerbating a national housing affordability crisis, we urge the Trump administration to make it a priority to resolve trade tariff issues that are raising costs for American businesses and consumers.”
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