According to industry representatives, President Donald Trump’s plan to slap 25% tariffs on items imported from Canada and Mexico might severely restrict Oregon’s already dwindling homebuilding and other construction activities.
An additional 10% duty on Chinese goods still went into effect this week, but Canada and Mexico made last-minute agreements to postpone penalties by a month. However, Preston Korst, director of strategy and government affairs for the Home Building Association of Greater Portland, stated that further tariffs would just exacerbate Oregon’s housing problem, given the threat currently looming over North American commerce.
Stories by
Jonathan Bach
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