NAHB Statement on Tariff Pause for Canada and Mexico
Buddy Hughes, chairman of the NAHB (NAHB) and a home builder and developer from Lexington, N.C., issued the following statement after President Trump suspended tariffs on certain Mexican and Canadian products for one month:
“NAHB commends President Trump for providing a one-month tariff delay on all products from Mexico and Canada that are covered by the United States-Mexico-Canada Agreement, including Canadian softwood lumber. Likewise, the president’s recent executive order seeking to increase domestic timber production was an important step forward to make America more self-sufficient and help builders to meet our nation’s housing needs. As we enter the spring home building season, NAHB remains concerned that the continued threat of tariffs will make it harder for builders and their customers to move ahead with new construction projects. With the nation facing a housing affordability crisis, we continue to believe that critical construction materials should be exempt from any future tariffs. NAHB will continue to work with the administration to cut regulations, boost domestic lumber output and further rein in housing costs so that builders can construct more homes and apartments to meet our nation’s housing needs.”