Statement from NAHB Chairman Buddy Hughes on U.S.-China Tariff Agreement

Buddy Hughes, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Lexington, N.C., issued the following statement after the U.S. and China announced a 90-day pause on most of the tariffs each nation has imposed on one another:

“The White House announcement that it has reached an agreement with China that will drastically curtail tariffs on each nation’s goods is a positive step as the two countries work to reach a long-term, mutually beneficial trade pact. NAHB urges the administration to move quickly to obtain fair, equitable trade deals with other nations that will result in the elimination of tariffs that are currently hurting building material supply chains and raising construction costs.”