Gypsum industry news
US home-building costs to rise by US$7500 – 10,000 due to gypsum wallboard and lumber tariffs
28 March 2025US/Canada: The costs of construction of new single-family homes are set to rise by US$7500 – 10,000/unit, according to the National Association of Home Builders. This is due to the government’s introduction of a new 25% tariff on Canadian gypsum wallboard and its raising of the tariff on softwood lumber to the same level from 14.5%.
National Association of Home Builders highlights possible effects of new US tariffs on gypsum supply
06 March 2025US: The National Association of Home Builders (NAHB) says that more than 71% of the US’ total annual imports of gypsum originate in Mexico. The association has highlighted the possibility of ‘scarcity and an acute, sustained rise in building materials costs’ as a result of new tariffs. The US government imposed 25% duties on products from Mexico and fellow North American country, Canada, on 4 March 2025.
NAHB said that it will ‘continue to seek a tariff exemption for building materials.’
