U.S. lawmakers propose tariff exemption for lumber and construction inputs
U.S. Senate Democrats have introduced legislation that would exempt lumber and several other construction materials from tariffs imposed by President Donald Trump, as industry groups warn that trade measures are increasing housing costs. The Housing Tariff Exclusion Act, introduced by Senators Chris Coons of Delaware and Jacky Rosen of Nevada, would automatically exclude lumber, OSB, engineered wood products, cement, glass, insulation, plastics, adhesives and stone products from current and future tariffs. The proposal follows a U.S. Supreme Court ruling that declared many of the president’s tariffs illegal, after which the administration moved quickly to ...
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