Earlier this month the Trump administration announced hefty 25% tariffs on Canadian and Mexican imports, along with an additional 10% tariffs on Chinese imports.
Harder to predict but I think people will want to know how much more expensive building a house will be.
For non Americans it will be interesting to start to see how much is tariffed material is exported at higher prices after processing and how easily those suppliers acan be replaced with non American options.
"So it’s not clear to me why drywall imports should merit much attention." For the Nat'l Assoc. of Homebuilders, a basic negotiation strategy might be to complain about a variety of issues and later offer some concessions (on drywall tariffs) while avoiding others (restricting illegal and cheap labor).
One has to assume that this bodes poorly for the people in Pacific Palisades whose houses burned down.
Especially combined with the current crack-down on illegal immigrants.
So these imports will hurt our friends more than our adversaries. That’s on brand for Trump.
Harder to predict but I think people will want to know how much more expensive building a house will be.
For non Americans it will be interesting to start to see how much is tariffed material is exported at higher prices after processing and how easily those suppliers acan be replaced with non American options.
"So it’s not clear to me why drywall imports should merit much attention." For the Nat'l Assoc. of Homebuilders, a basic negotiation strategy might be to complain about a variety of issues and later offer some concessions (on drywall tariffs) while avoiding others (restricting illegal and cheap labor).
Very fine analysis and much appreciated. Restacking