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Trump's tariff on China hits homebuilders hard

Summary by HousingWire

President Donald Trump ended months of suspense on Wednesday by announcing his long-awaited new tariff regime, and the result is mixed for homebuilders. The good news is Trump didn’t place any new tariffs on goods from Canada or Mexico. He’s also allowing the one-month pause on tariffs for some goods from those countries to continue, with an unspecified end date. The bad news for homebuilders is that China got hit — hard. Trump stacked a 34% tar…

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The Daily Reporter - WI Construction News & Bids

Tariff impact reaches residential construction industry

The Trump administration’s tariffs on imported goods from Canada, Mexico and China are already driving up the cost of building materials used in new residential construction and home remodeling projects.

11 hours ago

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Trump's tariff on China hits homebuilders hard

President Donald Trump ended months of suspense on Wednesday by announcing his long-awaited new tariff regime, and the result is mixed for homebuilders. The good news is Trump didn’t place any new tariffs on goods from Canada or Mexico. He’s also allowing the one-month pause on tariffs for some goods from those countries to continue, with an unspecified end date. The bad news for homebuilders is that China got hit — hard. Trump stacked a 34% tar…

1 day ago

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HousingWire broke the news in 1 day ago on Thursday, April 3, 2025.

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