Senate Bill Would Exclude Building Materials From Tariffs

The newly introduced Housing Tariff Exclusion Act would automatically exempt many homebuilding materials, including engineered wood products, from current and future tariffs, and allow importers to apply for tariff exemptions on homebuilding materials that aren't exempt. The bill does not apply to antidumping or countervailing duties. The legislation is unlikely to pass, but it is symptomatic of the growing pressure on affordability.

Read More: Senate Bill Would Exclude Building Materials from Tariffs → | NLBMDA backs Housing Tariff Exclusion Act →