Will Trump slash tariffs to rescue the housing market? Treasury Secretary Bessent hints at tariff exemptions on construction materials, offering a lifeline to struggling homeowners and builders. With lumber tariffs soaring up to 35% and other materials facing hefty taxes, the administration eyes additional measures, including standardizing building codes and even a possible national emergency declaration, to combat rising costs and boost housing affordability.
The Daily News Now! - Every city. Every story. AI Powered.
Hosted on Acast. See acast.com/privacy for more information.
