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
| Jan 23, 2014
About 1,500 concrete buildings in Los Angeles found vulnerable to earthquakes
Some 1,500 concrete structures built in Los Angeles before 1980 could be vulnerable to earthquakes, according to University of California researchers.
| Jan 23, 2014
Low-slope roofs with PVs tested for wind uplift resistance
Tests showed winds can cause photovoltaic panels to destroy waterproof membranes.
| Jan 16, 2014
Bio-based materials could transform the future of sustainable building
Recent winners of the Cradle to Cradle Product Innovation Challenge include a brick made from bacterial byproducts and insulation created from agricultural waste products.
| Jan 16, 2014
The incandescent light bulb is not dead
Despite misleading media reports, January 1 did not mark a ban on the manufacture or import of 60-watt and 40-watt incandescent bulbs.
| Jan 16, 2014
ASHRAE revised climatic data for building design standards
ASHRAE Standard 169, Climatic Data for Building Design Standards, now includes climatic data for 5,564 locations throughout the world.
| Jan 15, 2014
ConsensusDocs releases updated subcontract for federal work
The new version addresses recent changes in federal contracting.
| Jan 15, 2014
First quarter 2014 LEED rating system addenda now available
There are 71 new LEED Interpretations, including 65 for Homes and Multifamily Midrise.
| Jan 10, 2014
What the states should do to prevent more school shootings
To tell the truth, I didn’t want to write about the terrible events of December 14, 2012, when 20 children and six adults were gunned down at Sandy Hook Elementary School in Newtown, Conn. I figured other media would provide ample coverage, and anything we did would look cheap or inappropriate. But two things turned me around.
| Jan 8, 2014
Strengthened sprinkler rules could aid push for mid-rise wood structures in Canada
Strengthened sprinkler regulations proposed for the 2015 National Building Code of Canada (NBCC) could help a movement to allow midrise wood structures.
| Jan 8, 2014
New materials should help boost sustainability in cities by 2020
Newer developments include windows made with nano-crystals that control intense heat penetration while lighting living areas from the outside.
