Trump's Tariffs Threaten U.S. Housing, Furniture, and Pharmaceutical Markets
TL;DR Summary
New tariffs imposed by President Trump on imported building materials are significantly increasing construction costs, exacerbating the US housing crisis by making homes more expensive and limiting affordability amid a severe shortage of housing and rising homelessness.
- Trump’s new tariffs will slam America’s already brutal housing crisis vox.com
- Trump vows to enact ‘substantial’ tariffs on imported furniture CNN
- What to know about Trump’s new pharmaceutical tariff plan The Hill
- Home Builders, and Homeowners, Brace for Impact of Kitchen Tariffs The New York Times
- Trump places 100% tariff on drugs. What this means for Eli Lilly IndyStar
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