The Seattle Times has published an editorial by the National Association of Home Builders (NAHB) Chairman Chuck Fowke that lays out a strong case against tariffs on Canadian lumber shipments into the United States that are fueling lumber price volatility and harming housing affordability.
The Commerce Department’s recent move to double tariffs on Canadian lumber from 9% to 17.9% has delivered a body blow to American home buyers, renters and businesses that rely on lumber products.
He further cites the reasons for the latest lumber price surge and provides specific actions that policymakers need to take to reduce price volatility and increase supply.
