NAHB NEWS Statement from NAHB Chairman Randy Noel on Trump Tariff Threat Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued the following statement after President Trump threatened to impose tariffs on an additional $267 billion worth of Chinese goods: “Though well-intentioned, President Trump’s threat to slap an additional $267 billion worth of tariffs on Chinese goods will be counterproductive by raising costs for millions of American consumers and businesses that rely on these products, including home builders. These tariffs would be in addition to $200 billion worth of proposed tariffs that are already in the pipeline and could act as a tax increase of up to $2.5 billion on the residential construction industry. “Currently, tariffs on steel imports and Canadian lumber shipments into the U.S. are needlessly increasing the cost of building materials and exacerbating the housing affordability crisis. Rather than escalating the situation, NAHB respectfully urges the administration to move quickly to resolve these trade disputes in a manner that won’t tax American workers and consumers.” Read More Need for Housing Finance Reform With Fannie Mae and Freddie Mac now marking their tenth year of conservatorship, the National Association of Home Builders (NAHB) today called on Congress to make it a priority to enact comprehensive reform to the nation’s housing finance system. “To ensure a stable housing finance system that will support the future of homeownership and affordable multifamily housing in America, Congress must fix the structural flaws inherent in Fannie Mae’s and Freddie Mac’s government charters that contributed to the housing finance crisis.” Read More Register in September for free admission! The NAHB International Builders’ Show® (IBS) is the largest annual light construction show in the world. The 2018 show welcomed 60,000 visitors from 100 countries. As a member of the HBRA you can register for free. Register for IBS Once you register, the site will direct you to hotel options, monorail passes and additional events. Discounts on hotels, airfare and car rentals are provided for HBRA members. The official hotel for the HBRA of CT is the MGM Grand. There are many other options you can view here. 26 HBRA of Fairfield County | SEPTEMBER 2018
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