Homebuilders denounce tariff on Canada's softwood lumber

[riversedge]

Source: The Hill


By Vicki Needham - 04/25/17 12:57 PM EDT


...............

The National Association of Home Builders (NAHB) said the Commerce Department’s decision to levy a 20 percent countervailing duty on Canadian lumber imports will raise prices on housing and harm U.S. consumers.

"NAHB is deeply disappointed in this short-sighted action by the U.S. Department of Commerce that will ultimately do nothing to resolve issues causing the U.S.-Canadian lumber trade dispute but will negatively harm American consumers and housing affordability," said NAHB Chairman Granger MacDonald, a homebuilder and developer from Kerrville, Texas.

Homebuilders said that 33 percent of the lumber used in the U.S. last year was imported and more than 95 percent of that supply came from Canada.

"This means that imports are essential for the construction of affordable new homes and to make improvements on existing homes," MacDonald said........................



Read more: http://thehill.com/policy/finance/330445-home-builders-denounce-tariff-on-canadas-softwood-lumber

[honey bucket]

1. Canadian lumber

El Cheeto is doing this to help the Koch's earn even more money from their "Georgia Pacific" lumber products and he'll also use this a reason to allow Koch to steal even more of our national forests.
Cheeto doesn't do anything that doesn't help his rich friends and himself.

[BumRushDaShow]

2. "essential for the construction of affordable new homes"

Seems these builders aren't in the business of "affordable" or their idea of such is whoever can "afford" a McMansion, which is about all they want to build the past 20 years.... outside of exorbitant $400+K "townhouses" in gentrified cities.

[Sunlei]

10. now our property tax will go up 20% because 'home value' will fake inflate.

[BumRushDaShow]

11. Yup in addition to

what I just heard on the local news here yesterday about a new housing bubble underway, which is sending the prices up again.

[keithbvadu2]

3. Thank you Trump for higher taxes

[vkkv]

4. duh, um, t-rumbp, dumbp..

[Yavin4]

5. Protectionism always sounds good on paper.

That is until the bill comes.

[Hassin Bin Sober]

7. Free trade sounds good untill there is no one left to pay the bill.

[Demonaut]

6. not a lot of lumber used in skyscrapers

[Bengus81]

8. So Granger MacDonald,who did you vote for on November 8th?? Lets see...

Big time builder and developer plus heading the NAHB for the Country and from Texas. Why...I'll go out on a limb here and say flat out you voted for the CON ARTIST that's now hurting the industry you make your living from.

I know...it was all fun and games when all Trump was going to do was throw Hillary in jail,build that wall and get rid of that black guys health care. But NOW,I'll bet it's ALL different.

Tough SHIT!!

[Sunlei]

9. Start to build home with recycled plastic lumber and we don't need "soft wood" any more