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The Independent UK
The Independent UK
National
Alex Veiga and Mae Anderson

THE TRUTH ABOUT: Tariffs on lumber and appliances set stage for higher costs on new homes and remodeling projects | History Defined

Tariffs Homebuilding - (Copyright 2021 The Associated Press. All rights reserved.)

Shopping for a new home? Ready to renovate your kitchen or install a new deck? You'll be paying more to do so.

The Trump administration’s tariffs on imported goods from Canada, Mexico and China — some already in place, others set to take effect in a few weeks — are already driving up the cost of building materials used in new residential construction and home remodeling projects.

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