Sens. Thune, Menendez Urge Administration to Act on Lumber Tariffs
With the strong support of NAHB, Sens. John Thune (R-S.D.) and Bob Menendez (D-N.J.) on July 18 sent a letter to U.S. Commerce Secretary Gina Raimondo and U.S. Trade Representative Katherine Tai urging the Biden administration to prioritize lumber trade to reduce housing costs.
“The sharp increase in softwood lumber prices, on top of high inflation and supply chain challenges, has only further added to residential construction costs,” the senators wrote.
In January 2022, the Department of Commerce issued a preliminary determination to reduce tariffs on softwood lumber shipments from Canada to the United States from 17.99% to 11.64% but the tariff reductions have yet to be implemented.
Thune and Menendez urged Raimondo to move swiftly to implement the tariff reductions "to make home construction and homeownership more affordable for communities across our country."
The lawmakers also encouraged the administration to prioritize a new softwood lumber agreement between the United States and Canada to “provide greater market stability for the U.S. housing industry and ease the burden of housing costs for all Americans.”
“NAHB commends Sens. Thune and Menendez for making lumber tariff relief a top priority to alleviate unprecedented lumber price volatility that has added more than $14,000 to the price of a new home since the start of the pandemic,” said NAHB Chairman Jerry Konter. “We continue to work with federal policymakers on the lumber front and to encourage the administration to negotiate a new softwood lumber agreement with Canada that will eliminate tariffs and help ease the nation’s housing affordability crisis.”
View the Thune-Menendez letter to Secretary Raimondo and Ambassador Tai.
Latest from NAHBNow
Oct 02, 2025
Vermont Executive Order Addresses Builders' Top PrioritiesTwo Vermont Builders and Remodelers Association members stood with Gov. Phil Scott as he signed an executive order to address regulatory barriers, permitting challenges and energy code standards in the state.
Oct 01, 2025
Get National Resources for Local Issues with NAHB's Legal Action FundNAHB’s Legal Action Fund provides support for members facing critical legal challenges that directly impede their ability to develop land and build homes. The current deadline to apply for support is October 28.
Latest Economic News
Oct 01, 2025
Consumer Confidence Drops on Job ConcernsConsumer confidence fell to a five-month low as consumers remain concerned about reignited inflation and a weakening labor market amid economic uncertainty. The labor market differential, which measures the gap between consumers viewing job as plentiful and hard-to-get, has narrowed for nine straight month and is now at lowest level since March 2021.
Sep 30, 2025
Construction Labor Market SoftensThe count of open, unfilled positions in the construction industry decreased in August, per the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The decline occurred as home building weakened in 2025.
Sep 29, 2025
Characteristics of Homes Built in Age-Restricted CommunitiesIn 2024, approximately 43,000 homes were built in age-restricted communities, representing just over 3% of all housing starts. According to the Census Bureau’s Survey of Construction, roughly three-quarters of these homes (32,000) were single-family units.