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Trump's tariffs on Canadian goods could increase U.S. homebuilding costs by up to $14,000 by 2027.
A report from the Canadian Chamber of Commerce indicates that President Trump's tariffs on Canadian imports could raise the cost of building a US home by up to $14,000 by 2027.
Canada supplies significant amounts of lumber, iron, steel, and copper to the US, and tariffs on these materials could worsen housing affordability.
The report highlights trade tensions between the US and Canada, including additional tariffs on softwood lumber, critical for home construction.
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Los aranceles de Trump sobre los productos canadienses podrían aumentar los costos de construcción de viviendas en Estados Unidos hasta en $ 14,000 para 2027.