NAHB seeks meeting with commerce secretary over lumber prices

mature man Working at a timber/lumber warehouse

By LBM Journal

Amidst a backdrop of record high lumber prices, the National Association of Home Builders is seeking to address supply chain disruptions and tariffs that are contributing to price volatility in the marketplace, the group announced on its NAHBNow blog.

NAHB sent letters to Commerce Secretary Wilbur Ross, U.S. Trade Representative Robert Lighthizer, and Zoltan van Heyningen, executive director of the U.S. Lumber Coalition.

NAHB is seeking a meeting with Secretary Ross to discuss strategies to ease market concerns for builders and consumers alike. Tariffs on Canadian lumber imports into the U.S. average more than 20% and NAHB is calling on Ross to return to the negotiating table with Canada and redouble efforts to reach a new softwood lumber agreement. NAHB is also requesting the secretary to reach out to domestic lumber producers and urge them to increase lumber production to address shortages that are contributing to soaring prices.