The import tariffs imposed by U.S. President Donald Trump are adding thousands of dollars to the cost of building homes. That could be enough to keep some people with inadequate homeowners insurance from rebuilding or force them to consider a smaller house. The Trump administration’s tariffs have raised the cost of imported lumber, drywall, nails and other key construction materials. It’s not just wildfire victims in the West who have to deal with higher construction costs. Those are the homeowners most affected by the tariffs on construction material and the other factors boosting the cost of rebuilding.

Source: thestar August 11, 2018 19:07 UTC