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Recent tariff developments could create more Section 122 Tariffs Expire under the U. S.-Canada-Mexico Agreement. uncertainty for home builders over building New Levies Imposed
Additional tariffs could also be coming. The material supply chains and pricing.
Meanwhile, the temporary 10 % global tariffs administration is still investigating whether 16
On July 20, President Trump imposed a 50 % Trump imposed in February under Section 122 nations have engaged in excess manufacturing, tariff on a broad range of Canadian goods, of the Trade Act of 1974 expired on July 24. driving down prices and putting U. S. companies including cement, plywood and furniture. The Those tariffs came after the Supreme Court at a competitive disadvantage. action would not affect other existing tariffs on struck down his authority to impose tariffs under Canadian Softwood Lumber Tariffs Set to Fall key building materials, including softwood the International Emergency Economic Powers In a positive development, the U. S. lumber, steel, aluminum and copper.
Act.
Commerce Department is poised to lower antidumping and countervailing duties on Canadian
The tariffs on Canadian products are set to To replace the expiring Section 122 tariffs, the take effect in 30 days. They would be imposed administration announced new duties under a softwood lumber imports from a combined 35 % under Section 338 of the Tariff Act of 1930, different authority. Citing a ban on imports made to 25 % in mid-August. which allows tariffs of up to 50 % on imports with forced labor, the Office of the United States The decision is part of the regular review from countries that discriminate against the Trade Representative released a fact sheet process the United States uses to provide relief United States. stating that the U. S. will impose tariffs of 10 % to to American companies and industries affected
Trump said the tariffs are in response to 12.5 % on imports from 60 nations under by unfair trade practices. Canadian tariffs on U. S. cars, dairy and alcohol Section 301 of the Trade Act of 1974, which NAHB continues to closely monitor the products. Unlike previous tariff actions, goods targets unfair trade practices affecting U. S. changing tariff landscape. With housing covered by the U. S.-Canada-Mexico Agreement commerce. The new duties took effect July 24. affordability already near historic lows, we would not be exempt.
The new tariffs will apply to most imports from continue to urge the Trump administration to
The 30-day delay gives the United States and the 60 nations. Exemptions include some exempt building materials from its broader tariff Canada time to negotiate an agreement that products, such as oil, gas and fertilizer, as well strategy and avoid new trade barriers that could could avert the tariffs. as goods that qualify for duty-free treatment worsen the housing crisis.
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VOL 2026 ISSUE 7
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PUBLISHED BY THE EL PASO ASSOCIATION OF BUILDERS: NATIONAL, STATE AND LOCAL HOME BUILDING INDUSTRY NEWS n EXECUTIVE OFFICERS President Lydia Mlouhi, Crown Heritage Custom Homes Vice President Edgar Garcia, Bella Vista Homes Secretary Anthony Murillo, Millennial Homes Immediate Past President. Victor Robles, Maravilla Homes Associates VP Angelique Adauto Roman, True Title El Paso Executive Vice President Ray Adauto, EPAB n BOARD OF DIRECTORS Ricardo V, Aguilar, Savannah A Homes Kathy Carrillo, Nusenda Credit Union John Chaney, Hercules Industries Juanita Garcia, Icon Custom Homes Raul Gonzalez, Rocky Mountain Mortgage Company Samira Lopez, Reva Living, Llc Sandra Lucero, Builders Source Appliance Gallery Anthony Murillo, Millennial Homes Leticia Navarrete, Explicitly Signature Homes Kathy Parry, Hunt Communities Victoriano Ramos, Dekora Design & Construction Randall Smith, Randall Smith Cpa Financial Services Victor Rejino, Maravilla Homes Luis Rosas, Hub International Courtney Yeatman, Weststar nLIFE MEMBERS John Chaney Mark Dyer Wayne Grinnell Rudy Guel Don Henderson Brad Roe
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