With the price of lumber soaring, the Biden Administration’s new proposal to double lumber tariffs on Canadian shipments could worsen the situation.
The recently announced plan by the U.S. Commerce Department to increase the levy from 9% to 18.32% drew sharp criticism from the National Association of Home Builders. An NAHB official accused the administration of being disingenuous when it claims addressing the housing affordability crisis is an important priority.
Before last December, the tariffs were 20%. The U.S. reduced tariffs on Canadian softwood lumber imports to 9% in December. Canada is the nation's largest trading partner for softwood lumber.
Meanwhile, demand for lumber and steel continues to outpace supply. Some experts are advising builders to stockpile lumber and steel if possible, and to avoid locking in any long- or medium-term prices at current levels.
Related Stories
Codes and Standards | Apr 25, 2016
GSA adopts SITES land development and management rating system
Federal agency will use for properties with and without buildings.
Wood | Apr 22, 2016
Revised 2015 Manual for Engineered Wood Construction available
American Wood Council Document offers design information for structural applications.
Codes and Standards | Apr 20, 2016
OSHA updates eye and face protection standards in final rule
Becomes effective April 26.
Codes and Standards | Apr 18, 2016
Efficiency finance pilot project to spur retrofits on existing buildings
EDF and PG&E team up on interest-free loans for qualified projects.
Codes and Standards | Apr 18, 2016
ASHRAE releases proposed energy standard for historic buildings
Designed to balance with preservation requirements.
Codes and Standards | Apr 13, 2016
Canadian city fines itself for failing to get a building permit for building renovation
Guelph, Ontario, will pay a $1,125 fine to the province.
Codes and Standards | Apr 12, 2016
Construction trade groups sue OSHA over silica rule
Cite concerns about technological and economic feasibility.
Codes and Standards | Apr 11, 2016
New LEED 2009 projects will have to meet increased minimum energy performance
New requirements went into effect April 8.
Wood | Apr 8, 2016
New LEED Pilot ACP designed to help eliminate irresponsibly sourced materials
Illegal wood is primary target to restrict illicit material in the supply chain.
Lighting | Apr 5, 2016
Lighting requirements for high-rise dwellings proposed for energy standard
The requirements would effectively eliminate incandescent and halogen bulbs.
