Federal Court Issues Injunction on Tariffs for Canadian Lumber
A recent federal court ruling has blocked the implementation of broad tariffs on imported goods, citing that the executive branch exceeded its authority under existing trade laws. The injunction impacts several tariffs that had been scheduled to take effect under the “Liberation Day” initiative, which included duties on a wide range of construction materials and building products.
According to the National Association of Home Builders (NAHB), the decision may bring some relief to home builders and developers who have been navigating price volatility linked to proposed tariff changes. Industry leaders noted that such tariffs could have added thousands of dollars to the cost of new construction due to supplier markups. While the court’s decision provides short-term clarity, NAHB continues to monitor potential long-term implications for housing affordability and material availability.