NAHB worked with Sens. Jacky Rosen (D-Nev.) and Chris Coons (D-Del.) to introduce legislation that would address the housing affordability crisis by creating an exemption process for building materials from tariffs. The Housing Tariff Exclusion Act would automatically exempt many home building materials from President Trump’s current and future tariffs and allow importers to apply for tariff exemptions on home building materials that aren’t automatically exempted. “Roughly 60% of builders have already seen cost increases due to tariffs, which means higher housing costs for American home buyers and renters,” said NAHB Chairman Bill Owens. …The Housing Tariff Exclusion Act includes the following provisions: Requires the Secretary of Commerce to establish a process for US businesses to request an exclusion from tariffs for goods used in home construction; Includes a list of products commonly used in home building; Applies to all tariffs except anti-dumping and safeguard tariffs.