Based on a recently released statement from the National Association of Home Builders' Chairman Greg Ugalde on Trade Developments with Mexico and Canada, U.S. home builders nationwide approve of President Trump's decision to remove tariffs on certain building materials imported into the U.S. from Canada and Mexico.
NAHB Chairman Greg Ugalde commented, "NAHB commends President Trump for removing tariffs on steel and aluminum imports from Canada and Mexico. This will provide momentum for Congress to ratify the United States-Mexico-Canada Agreement (USMCA), which holds the potential to lift the housing economy."
"Now that the White House has achieved substantial progress in advancing the USMCA, we urge the administration to focus its efforts on resolving the softwood lumber trade dispute with Canada. Tariffs averaging more than 20 percent on Canadian softwood lumber shipments into the U.S. are exacerbating price volatility and needlessly driving up housing costs. A prompt resolution to this ongoing trade conflict with our neighbor to the north will help to ease ongoing housing affordability concerns," concluded Ugalde.