Inflation & Prices
Trump Tariffs Risk $29,000 Rise in US Home Building Costs
- Canada is the US’s biggest foreign supplier of lumber
- Tariffs likely to make it harder for Americans to afford homes
Workers at a home under construction in Tucson, Arizona.
Photographer: Rebecca Noble/BloombergThis article is for subscribers only.
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President Donald Trump’s tariff plans threaten to raise US home construction costs, making it even more difficult for Americans already facing a tight housing market.