Brind.
  1. Trump administration, advised by Scott Bessent, is exploring emergency declarations and federal actions to address national housing affordability and boost construction.
  2. Trump's policies are creating a mixed market: beneficiaries are emerging due to tariffs and onshoring, but the housing slump is weighing down building materials and construction outlook.

James Hardie's stock tumbled in Australia, while Donald Trump noted the weak housing sector.

1 report, 1 independent Updated Aug 20
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What happened

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James Hardie's stock tumbled in Australia, while Donald Trump noted the weak housing sector.

Who's involved

What this event is mainly about
James HardieDonald Trump

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Part of

Trump's policies are creating a mixed market: beneficiaries are emerging due to tariffs and onshoring, but the housing slump is weighing down building materials and construction outlook. All 2 developments

Within Trump administration, advised by Scott Bessent, is exploring emergency declarations and federal actions to address national housing affordability and boost construction.

The entities involved

Coverage

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  • BloombergUS Housing Warning Sparks Worst James Hardie Rout Since 1973 (Bloomberg) -- A downbeat outlook on the US housing market from James Hardie Industries Plc sent shares of the building materials producer