Latest Trump tariffs affect homebuilding supply chain

The impact on housing of President Trump’s latest set of tariff announcements, including a 35% levy on goods from Canada not covered under the U.S.-Mexico-Canada Agreement, is either mildly disruptive or significant, depending on who you ask.

This comes from a series of executive orders signed by the President on July 31. A particular change involves Canada, which supplies much of the lumber used in U.S. homebuilding went into effect Aug. 1.

Previous orders for Canada imposed a 25% tariff, but a White House fact sheet alleges “Canada has failed to cooperate in curbing the ongoing flood of fentanyl and other illicit drugs, and it has retaliated against the United States for the President’s actions to address this unusual and extraordinary threat to the United States.”

What is the impact of…