Close Menu
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Facebook X (Twitter) Instagram
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Newsletter
Truth Republican
You are at:Home»Business»Fight over lumber tariffs could reshape future of US home building
Business

Fight over lumber tariffs could reshape future of US home building

Buddy DoyleBy Buddy DoyleJune 2, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp
Fight over lumber tariffs could reshape future of US home building
Share
Facebook Twitter LinkedIn Pinterest Email

Lumber is in the spotlight as the National Association of Home Builders (NAHB) and the U.S. Lumber Coalition disagree over what’s behind the U.S. housing market slump.

FOX Business correspondent Kelly Saberi reported Monday that the NAHB has pointed to tariff uncertainty and lumber prices as being partly responsible.

The U.S.’s current anti-dumping and anti-subsidy duty on imported Canadian softwood lumber stands at 14.5%. It could potentially climb later in the year to nearly 35%. 

Canada’s softwood lumber makes up roughly 85% of America’s imports and almost a quarter of the U.S. supply, according to the NAHB. 

“I share President Trump’s desire to create fair and balanced trade across our borders, certainly would bring back as much production as we can,” NAHB CEO Jim Tobin said. “But until we do that, and it will take years and millions of dollars of investment, we need to make sure that we have a reliable, affordable source of lumber.”

A stack of lumber in Edmonton, Canada.

Saberi reported that the U.S. Lumber Coalition “says that the price of lumber says something different about this story.” 

Between May 2021 and April of this year, the random lengths framing composite price decreased 67%, she reported. It stood at $442 per 1,000 board feet as of May 23, per the NAHB. 

Meanwhile, the price of new homes has gone up 21%, Saberi reported. 

“Everything from regulatory costs to the cost of land and, quite frankly, also the cost of home builder profitability rates that have gone up, those are actually the driving forces of home affordability,” U.S. Lumber Coalition executive director Zoltan van Heyningen told FOX Business. “Lumber just isn’t one of them.” 

The U.S. Lumber Coalition has also been critical of Canada, saying that “ongoing unfair trade practices” by its lumber industry have been “extremely harmful to U.S. lumber producers, workers, and their forest-dependent communities.” 

John Kalabich, the owner of Acme Lumber in Chicago, told Saberi he was able to keep prices relatively flat over the past 12 months because of the duty on Canadian lumber.

He has also heard from contractors that the demand for small repair work and big-ticket construction has gone down. 

TRUMP ISSUES EXECUTIVE ORDERS ADDRESSING LUMBER PRODUCTION, NATIONAL SECURITY CONCERNS

Last month, the U.S. Census Bureau said single-family housing starts suffered a 2.1% decline from March to a seasonally adjusted annual rate of 927,000 in April. 

Kyle Texas home construction

Sales of new single-family homes in April came in at a seasonally adjusted rate of 743,000, while sales of existing ones were 3.63 million.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleLiberal news outlet mocked for reporting on ‘mysterious’ drop in fentanyl flowing across border
Next Article Should I Customize My Echelon?

Related Articles

Lululemon accuses Costco of selling knockoffs of its popular athletic apparel

Lululemon accuses Costco of selling knockoffs of its popular athletic apparel

July 1, 2025
FTC declares July as ‘Made in the USA’ month

FTC declares July as ‘Made in the USA’ month

July 1, 2025
Treasury secretary says Senate moving toward vote on Trump’s megabill today despite Democrat resistance

Treasury secretary says Senate moving toward vote on Trump’s megabill today despite Democrat resistance

July 1, 2025
House Democrats target GOP over price of groceries ahead of July 4th holiday

House Democrats target GOP over price of groceries ahead of July 4th holiday

July 1, 2025
The American dream slips further away as younger adults retreat to parents’ homes

The American dream slips further away as younger adults retreat to parents’ homes

July 1, 2025
Amazon Prime members brace for sticker shock as analysts predict imminent price hike

Amazon Prime members brace for sticker shock as analysts predict imminent price hike

July 1, 2025
Social Security insolvency could speed up with illegal immigration crackdown

Social Security insolvency could speed up with illegal immigration crackdown

July 1, 2025
Chilling clues in Amazon reviews: Fox Nation probes serial killer’s sinister trail

Chilling clues in Amazon reviews: Fox Nation probes serial killer’s sinister trail

July 1, 2025
Canada rescinds digital services tax for the US: What is it and why did Trump want it gone?

Canada rescinds digital services tax for the US: What is it and why did Trump want it gone?

July 1, 2025
Don't Miss
TOP 10 BEST CAMPING GEAR & GADGETS 2021

TOP 10 BEST CAMPING GEAR & GADGETS 2021

Lululemon accuses Costco of selling knockoffs of its popular athletic apparel

Lululemon accuses Costco of selling knockoffs of its popular athletic apparel

Trump taunts Newsom to visit ‘Alligator Alcatraz’ and ‘learn something’ about immigration

Trump taunts Newsom to visit ‘Alligator Alcatraz’ and ‘learn something’ about immigration

Self-deport or end up in ‘Alligator Alcatraz,’ Noem warns migrants during Trump visit

Self-deport or end up in ‘Alligator Alcatraz,’ Noem warns migrants during Trump visit

Latest News
FTC declares July as ‘Made in the USA’ month

FTC declares July as ‘Made in the USA’ month

July 1, 2025
Elon Musk’s attacks on Trump’s ‘big, beautiful bill’ have ‘no basis,’ says No 2 House Republican

Elon Musk’s attacks on Trump’s ‘big, beautiful bill’ have ‘no basis,’ says No 2 House Republican

July 1, 2025
‘We’re ignoring him’: GOP senators react to Musk’s threat to primary supporters of Trump’s ‘beautiful’ bill

‘We’re ignoring him’: GOP senators react to Musk’s threat to primary supporters of Trump’s ‘beautiful’ bill

July 1, 2025
TOP 10 BEST KARAMBIT KNIVES 2021

TOP 10 BEST KARAMBIT KNIVES 2021

July 1, 2025
Nuclear Standoff Between Iran And U.S. & Israel Intensifies

Nuclear Standoff Between Iran And U.S. & Israel Intensifies

July 1, 2025
Copyright © 2025. Truth Republican. All rights reserved.
  • Privacy Policy
  • Terms of use
  • Contact

Type above and press Enter to search. Press Esc to cancel.