In a large -scale interview with Maria, US Treasury Secretary Scott Bessin is studying with Maria, with President Donald Trump with Vladimir Putin, to update trade talks between the United States, trade and cost -cost crisis.
Treasury Secretary, Scott Payette, said on Monday that the Trump administration was considering declaring a Emergency national housing In an attempt to address the prices of high housing and limited stockpiles.
Pisent told Washington examined In an interview with Labor Day.
Bessent repeat that interest rate discounts before Federal Reserve It will be useful for lowering housing prices, but it was also recognized in the interview that the Trump administration can take other steps aimed at expanding the range of housing supplies as well as mitigating certain costs.
Treasury Secretary Scott Payette said that the Trump administration is considering ways to use the state of national housing emergency to boost supply and reduce prices. (Fox News / Fox News)
“We are trying to find out what we can do, and we do not want to enter the actions of countries, provinces and municipal governments,” said Pesin. “I think everything is on the table.”
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He chose BESSENT against the list of executive procedures that the president Donald Trump It can take if the White House declares a national housing emergency, but he told Al -Fays that officials are setting up ways to unify local construction and division symbols as well as reduce the closing costs.
A house for sale in Cobino, California, United States, on Wednesday, February 7, 2024. (Photographer: Lauren Elliot / Bloomberg via Getti Imhasers / Getty Pictures)
The Minister of Treasury also told the executive that the Trump administration may consider some of the customs tariffs exemptions Building materials To reduce costs.
The costs of wood were particularly volatile this year amid the implementation of the Trump administration for customs tariff policies, especially giving us Canadian wood imports.
Fighting on wood tariffs can reshape the future of the house
Pesin said the Trump administration could consider tariffs on building materials. (Angus Mordant / Bloomberg via Getty Images / Getty Images)
The National Lengters of House Builders (NAHB) stated that as of the week on August 22, the compound price for timber framing increased by 5.8 % on an annual basis, while the future of wood was 19.1 % higher than last year despite the recent declines.
In July, the Ministry of Commerce announced that it will increase the duties of dual talismans on the Canadian soft wood Wood imports From 6.74 % to 14.63 %. Canadian wood is also subject to a 20.6 % anti -dumping tariff, which leads to the total number of Canadian wood to 35.2 %, an increase of 14.4 %.
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Other construction materials sensitive to tariffs are gypsum, which are used in dry walls and are largely imported from Mexico.
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