Sens. Shaheen, Moran Send Strong Message to Commerce Secretary Opposing Lumber Tariffs
Sens. Jeanne Shaheen (D-N.H.) and Jerry Moran (R-Kan.), the chairman and ranking member, respectively, of the Senate Subcommittee on Commerce, Justice, Science and Related Agencies, recently sent a letter to Commerce Secretary Gina Raimondo opposing the Commerce action to double tariffs on Canadian lumber shipments into the U.S. from 9% to 18%.
“With the nation in the midst of a housing affordability crisis, this is exactly the wrong time to add needless housing costs onto the backs of hardworking American families,” the lawmakers said in the joint letter.
NAHB continues to urge the Biden administration to suspend tariffs on Canadian lumber and move immediately to engage with Canada on a long-term trade agreement that will ensure a stable supply of lumber to U.S. consumers at reasonable prices. We are also calling on members of Congress to urge the administration to take immediate action in this area.
The two senators stressed that historically high lumber and building material prices continue to serve as headwinds to the U.S. housing sector, and while housing has been a bright spot for the U.S. economy, “there is mounting evidence the dramatic increase in the cost of materials is unfortunately putting this success at risk.”
Shaheen and Moran called on Raimondo to return to the negotiating table and pursue a balanced trade agreement with Canada that will “provide predictability for lumber producers and home builders so they can continue to help the economy recover from the events of the past year.”
Latest from NAHBNow
Feb 06, 2026
A Message from Jim Chapman, Candidate for NAHB 2026 Third Vice ChairmanThe election for Third Vice Chairman will take place at the Leadership Council meeting during the 2026 International Builders' Show.
Feb 06, 2026
Learn About the 2024 IECC in Free Video Series for NAHB MembersNAHB is now offering members a free educational video series on the 2024 International Energy Conservation Code. The videos break down key differences between the 2024 IECC and past editions, focusing on changes that improve usability and what they mean for construction costs.
Latest Economic News
Feb 06, 2026
The Size of the Housing Shortage: 2024 DataPersistently low homeowner and rental vacancy rates indicate that the U.S. housing market remains structurally undersupplied.
Feb 05, 2026
Job Openings Fall as Labor Market WeakensRunning counter to the data for the full economy, the count of open, unfilled positions in the construction industry increased in December, per the delayed Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down measurably from two years ago due to declines in construction activity, particularly in housing.
Feb 04, 2026
Mortgage Rates Declined Despite Higher Treasury YieldsLong-term mortgage rates continued to decline in January. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.10% last month, 9 basis points (bps) lower than December. Meanwhile, the 15-year rate declined 4 bps to 5.44%. Compared to a year ago, the 30-year rate is lower by 86 bps. The 15-year rate is also lower by 72 bps.