Tag Archive for ‘tariff’

How Tariffs and Tariff Announcements are Affecting Building Materials Imports from China

In July 2018, the United States Trade Representative (USTR) announced its intention to levy tariffs on a series of imports from China. USTR rolled out proposed tariffs in three waves, with the third list (List 3) covering approximately $200 billion worth of Chinese imports. The List 3 goods comprises 5745 items, approximately 450 of which are commonly used in the… Read More ›

Impact of the Canadian Lumber Duties on the U.S. Economy in 2018

On November 2, 2017, the Commerce Department announced its final decision to impose duties averaging 20.83 percent on Canadian softwood lumber shipments into the U.S. The impacts of these duties on the U.S. economy next year will include increased production by U.S. sawmills, reduced imports from Canada, and higher prices paid for lumber by consumers in the U.S., which in… Read More ›

Impact of the Duty on Canadian Lumber Announced April 25

On April 25, the Department of Commerce levied a 19.88% duty rate against Canadian softwood lumber exports to the United States. Due to “special circumstances,” the duties will be retroactive 90 days from the date that the rates are officially published in the Federal Register, likely back to the beginning of February. Five Canadian lumber producing companies will face specific… Read More ›

15% Tariff on Canadian Lumber Would Cost 4,666 U.S. Jobs

Recent NAHB estimates show that a 15% tariff on softwood lumber imported from Canada would have resulted in a loss of had it been applied to all Canadian producers in 2014.  NAHB analyzed 15%, because that was the maximum tariff in the Softwood Lumber Agreement that expired last year.  NAHB analyzed 2014, because that was a recent year with complete data, seemed representative… Read More ›