Gravation of the Home in America looking for Trump’s tariffs
reports Mehr News Agency , according to US housing activists, Trump’s 5 % tariff on Canadian and Mexico goods, which was delayed by at least March, along with the 5 % tax currently applied to Chinese products. It can make the conventional house more expensive to build up to $ 5,000.
David Belman , a home construction activist, says that 5 % of the timber needed to build a home in America is provided from Canada Therefore, a large part of this increase will be $ 5 due to tariffs imposed on Canada. Canada, the largest supplier of US foreign wood, is currently dealing with higher tariffs on its cargoes that began last summer.
Belman said: Tariffs on Mexico may increase the costs of other materials such as plaster used in dry walls And tariffs on China will increase the price of accessories such as home appliances and furniture.
according to Belman This situation will damage the home of the first house because it reduces the cost of housing. .
Monthly, housing inflation has remained stubborn in the midst of national shortage and has become the main challenge of voters in the recent elections. Higher interest rate has put more pressure on the construction . While the rise in housing prices has recently shown signs of cooling, some Trump’s offers, including tariffs, can threaten economic prices.
According to the National Home Manufacturers Association, inflationary risk is in conflict with Trump’s executive, which exported housing prices on the first day of his presidency. According to the group based in Washington, more than 5 % of US soft wood and plaster imports are imported from Canada and Mexico, respectively,
Carl Harris , President of the National Home Manufacturers Association, also stated in a statement: Wood tariffs and other building materials construction cost Increases and prevents new development, and consumers will eventually pay the price of tariffs at higher home prices.
Trump, who has used tariff threats as a negotiation tool, agreed to postpone a monthly post against Mexico and Canada on Monday.
