Housing Organizations Hold Briefing on Ruling to Impose Duties on Canadian Lumber Imports

Monday, November 5, 2001 - 8:00AM

Organizations including the National Association of Home Builders (NAHB) and American Consumers for Affordable Housing (ACAH) held a briefing today regarding the U.S. Department of Commerce’s preliminary ruling to impose anti-dumping duties on Canadian lumber imports. The NAHB says the decision would harm housing affordability, estimating that a 32 percent lumber tariff – a 12.6 percent anti-dumping tax plus a 19.3 percent countervailing tax approved in August - could add as much as $1,500 to the cost of building a new home.

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