NAHB Leaders Discuss Lumber Tariffs with Canadian Officials
NAHB leaders met with top Canadian officials on Dec. 3 at the Canadian embassy in Washington to discuss key softwood lumber issues. NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin held productive talks with Canadian Trade Minister Mary Ng, Ambassador Kirsten Hillman and members of the Canadian parliament regarding the Commerce Department’s recent action to double tariffs on Canadian lumber imports from 9% to 18% and on the need to restart negotiations on a new softwood lumber trade agreement.
he tariffs harm housing affordability by acting as a tax on American home builders and home buyers, and contribute to huge price volatility in the lumber market by putting upward pressure on lumber prices.
Canadian officials expressed an interest in restarting lumber trade talks that will lead to a long-term stable solution in lumber trade that will eliminate tariffs and provide for a consistent and fairly priced supply of lumber.
In a related development, NAHB sent a letter to President Biden on Dec. 3 opposing the the Department of Commerce’s decision to double tariffs on Canadian lumber and warned that this action “threatens housing affordability.”
NAHB called on Biden “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.”
Latest from NAHBNow
Nov 14, 2025
Last Chance to Apply for 2026 Best of IBS AwardsExhibitors at the NAHB International Builders’ Show® (IBS) have an opportunity to spotlight their innovative new products each year through the Best of IBS Awards. Don't miss your chance - apply by Friday, Nov. 21.
Nov 14, 2025
Watch Livestreams of Key Fall Leadership MeetingsNAHB leadership, including committee and council members, will gather Nov. 17-19 for the 2025 Fall Leadership Meeting in Denver.
Latest Economic News
Nov 13, 2025
Unchanged Lending Conditions for Residential Mortgages in Third QuarterLending standards for most types of residential mortgages were essentially unchanged, according to the recent release of the Senior Loan Officer Opinion Survey (SLOOS). For commercial real estate (CRE) loans, lending standards for construction & development were modestly tighter, while multifamily was essentially unchanged. Demand for both CRE categories was essentially unchanged for the quarter.
Nov 12, 2025
Adjustable-Rate Mortgage Applications RiseAll types of mortgage activity rose on a year-over-year basis in October, supported by recent declines in interest rates. Notably, adjustable-rate mortgage (ARM) applications more than doubled from a year ago, and refinancing activity continued to strengthen.
Nov 12, 2025
Employment Loss and Post-COVID Recovery Across U.S. Metro AreasIn April 2020, total payroll employment in the United States fell by an unprecedented 20.5 million, following a loss of 1.4 million in March, as the COVID-19 pandemic brought the economy to a sudden halt. The unemployment rate surged by 10.4 percentage points to 14.8% in April. It was the highest rate effectively since the Great Depression.