- Trump administration, advised by Scott Bessent, is exploring emergency declarations and federal actions to address national housing affordability and boost construction.
- 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.
Tariffs driven by Trump's policies are causing cost increases and market downturns for home builders and the cement industry.
1 report, 1 independent
Updated Jul 30
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What happened
Tariffs driven by Trump's policies are causing cost increases and market downturns for home builders and the cement industry.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Basu commented on market trends and tariffs adding pressure on construction material costs.Sub-event
Tariffs are hitting products in the cement sector, driving up costs for home builders.1 source
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The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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National Association of Home Builders
organization
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American Cement Association
organization in Washington D.C., United States
Nothing else this week.
Related events
- Donald Trump imposed tariffs on Boeing on July 5, 2026.
- The Trump administration is currently negotiating tariffs.
- Global tariffs from Donald Trump began on August 4, 2025, impacting international markets and financial news services like Bloomberg L.P.
- Canadian officials, including Doug Ford, are lobbying against U.S. tariffs imposed by Donald Trump due to potential negative economic impacts.
- The Institute for Supply Management noted on August 8, 2025, that tariffs from the Trump administration were causing market volatility and hurting industry and consumers.