WASHINGTON DC (KOLO) – U.S. Senator Jacky Rosen is urging the Trump administration to reverse course on tariffs.
On Monday, Trump administration announced that tariffs would take affect against Mexico and Canada on Tuesday.
In a letter to Trump, Rosen expressed concern that the tariffs would raise the cost of housing even further by driving up the cost of construction materials.
“In Nevada and throughout the nation, exorbitant housing prices are putting a strain on already-tight household budgets. At a time when high interest rates and low inventory are driving up housing costs, the need to build affordable homes is growing more acute by the day,” wrote Senator Rosen. “However, it is simply too expensive to build affordable housing in the current high-cost environment. Labor shortages, supply chain disruptions, and fluctuating material costs all drive up construction costs, making it harder to develop housing that is affordable for low- and middle-income families.”
“Compounding our nation’s housing affordability crisis through the imposition of reckless tariffs would be devastating and must be reconsidered,” she continued. “To that end, I respectfully ask that you work with the President to exempt critical construction materials, including lumber, from any tariffs imposed on Canada and Mexico. Doing so will not harm our national security, but will instead invest in the economic security of Americans across the country who are struggling to afford a home in an era of rising costs.”
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