US-China tariffs may trickle down to home building, remodeling

Eau Claire (WQOW) – If you plan to remodel your home, you might want to get started.

Tariffs on goods from China go into effect January 1, 2019, and building supplies are on the list of things to get the extra tax. Officials from the Chippewa Valley Home Builders Association said the 10 percent tariff on Chinese goods will trickle down to homeowners. That included building supplies like nails and tools, as well as finished products, like sinks and countertops.

“Affordable housing is a very important topic and something that everybody is focused on and making sure we can build affordable homes,” said Christina Thrun, Executive Officer of the Chippewa Valley Home Builders Association. “A big part of that is making sure that the federal governments rules and regulations are supporting the ability of builders in local areas like the Chippewa Valley to be able to build homes at affordable prices.”

Thrun said the National Association of Home Builders is working with the federal government to try to address these tariffs, and perhaps find an alternative plan.

Lindsey Ford

Lindsey Ford

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