For Immediate Release: March 27, 2018
Contact: Ben Gann, (202) 367-1169
NLBMDA Announces Opposition to Steel Tariffs
[Washington, DC] - The National Lumber and Building Material Dealers Association (NLBMDA) today announced its opposition to the recently enacted tariffs on imported steel by the Trump Administration. NLBMDA opposes tariffs on steel imports as it increases construction costs, decreases housing affordability, and can cause an unnecessary trade war that harms consumers.

The U.S. Department of Commerce has imposed a 25 percent tariff on steel imported to the United States effective March 23. Steel imports from Argentina, Australia, Brazil, Canada, the European Union, Mexico, and South Korea are exempt from the tariffs. Approximately one-third of steel imports are still subject to the tariffs.

“NLBMDA opposes tariffs on steel imports,” said NLBMDA Chair Rick Lierz, President and CEO of Franklin Building Supply in Boise, Idaho. “Increasing the cost of building materials simply hurts builders and ultimately consumers.”

Tariffs on steel imports present the latest challenge for the building and construction sector. Duties between 10 percent and 24 percent are currently in effect for Canadian softwood lumber and a lack of skilled workers has made it harder to finish some construction projects. 

About the National Lumber and Building Material Dealers Association (NLBMDA)
The National Lumber and Building Material Dealers Association (NLBMDA) represents its members in the national public policy arena, with emphasis on efforts to 1) promote the industry and educate legislators and public policy personnel; and 2) assist legislative, regulatory, standard-setting and other government or private bodies in the development of laws, regulations and policies affecting lumber and building material dealers, its customers and suppliers. Founded in 1917, the association represents over 6,000 member locations operating single or multiple lumber yards and component plants serving homebuilders, subcontractors, general contractors, and consumers in the new construction, repair and remodeling of residential and light commercial.