NAHB Urges Building Material Exemption from Planned Tariffs Against Canada and Mexico
With President Trump announcing that he plans to impose 25% tariffs on Canadian and Mexican goods coming into the United States, NAHB is urging the president to exempt building materials from the proposed tariffs because of their harmful effect on housing affordability.
Tariffs on lumber and other building materials increase the cost of construction and discourage new development, and consumers end up paying for the tariffs in the form of higher home prices.
In a letter to the president, NAHB noted that on his first day in office Trump issued an executive order that seeks to increase housing supply and affordability.
“Bringing down the cost of housing will require a coordinated effort to remove obstacles to construction, be they regulatory, labor or supply-chain related,” NAHB’s letter said. “NAHB stands ready to work with you to accomplish these goals. However, we have serious concerns that proposed 25% tariffs on Canada and Mexico will have the opposite effect, by slowing down the domestic residential construction industry.”
Latest from NAHBNow
Apr 30, 2025
NAHB Mourns Passing of Member Kim ShanahanNAHB mourns the passing of Kim Shanahan, who played an integral role in the Sustainability & Green Building Subcommittee and Healthier Homes and Communities Subcommittee.
Apr 30, 2025
Global Innovation Home of the Year Brings Wellness to Production Home DesignERTH360, a home design and architecture firm based in Ontario, has spent years focused on bringing wellness concepts to production home design. Its design won the Gold award for GIA Global Innovation Home of Year at NAHB’s The Nationals for 2024.
Latest Economic News
Apr 30, 2025
U.S. Economy Contracted in First Quarter of 2025The U.S. economy contracted in the first quarter of 2025 for the first time in three years, driven by a sharp surge in pre-tariff imports, softening consumer spending, and a decline in government spending.
Apr 30, 2025
House Sharing is Not Just for Young AdultsA record-high 6.8 million households shared their housing with unrelated housemates, roommates or boarders in 2023. While college-age and young adults make up the largest subset of house sharers (close to 41%), this type of living arrangement is gaining popularity among older householders fastest, with the 55+ segment accounting for 30% of all house-sharing households in 2023.
Apr 29, 2025
Jobs Openings Fall as Economy SlowsConsistent with soft sentiment data, the count of job openings for the overall economy and construction fell in March as employers slowed hiring plans amid a broader economic slowdown, per the March Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS).