<img height="1" width="1" src="https://www.facebook.com/tr?id=769125799912420&amp;ev=PageView &amp;noscript=1">
ADVERTISEMENT
About Our People Legal Stuff
Tariffs-California Wildfires
FILE - In this Oct. 14, 2017, file photo, an aerial view shows the devastation of the Coffey Park neighborhood after a wildfire swept through in Santa Rosa, Calif. President Donald Trump’s tariffs on imported construction materials are making it more expensive to rebuild homes lost to wildfires and other natural disasters. The taxes come at a time when several other factors are also driving up building costs.(AP Photo/Marcio Jose Sanchez, File)

Trump's tariffs boost rebuilding costs for wildfire victims

0

SANTA ROSA, Calif. (AP) — The import tariffs imposed by President Donald Trump are boosting the cost of building a home by thousands of dollars, and that's adding to the challenges of people trying to rebuild from California's wildfire and other disasters.

Tariffs California Wildfires
FILE - In this Oct. 14, 2017, file photo, an aerial view shows the devastation of the Coffey Park neighborhood after a wildfire swept through the area in Santa Rosa, Calif. President Donald Trump’s tariffs on imported construction materials are making it more expensive to rebuild homes lost to wildfires and other natural disasters. The taxes come at a time when several other factors are also driving up building costs. (AP Photo/Marcio Jose Sanchez, File)

The CEO of the California Building Industry Association said tariffs on imported lumber and other construction materials could increase the cost of building a typical home by $20,000.

Other factors also are at work, such as a shortage of construction workers. But the tariffs are entirely the result of a government policy change.

Trump has been imposing tariffs on a range of goods from countries that he says were not treating the U.S. fairly.

Rising construction prices hit hardest on people who are seeking to rebuild but whose homeowners insurance policies have caps that are too low to cover the entire cost.

Tariffs California Wildfires
In this Friday, August 10, 2018, photo the partially rebuilt home of Debbie and Rick Serdin in the Coffey Park neighborhood in Santa Rosa, Calif. The Trump administration's tariffs have raised the cost of imported lumber, drywall, nails and other key construction materials, squeezing homeowners who seek to rebuild quickly after losing their houses to natural disasters, such as the wildfires that destroyed Coffey Park. (AP Photo/Jonathan J. Cooper)

Comments
Read Comments
Comments
ADVERTISEMENT
Facebook Twitter Instagram Pinterest Linked In List Menu Enlarge Gallery Info Menu Close Angle Down Angle Up Angle Left Angle Right Grid Grid Play Align Left Search Youtube Mail Mail Angle Down Bookmark