Reciprocal tariffs to impact Wichita’s housing construction industry
New construction in Wichita could be affected by additional tariffs from Canada because much of the soft lumber in the United States comes from the north. The National Association of Home Builders says two essential materials used in home construction, softwood lumber and gypsum, are sourced mainly from Canada and Mexico. Wichita builders use Canadian lumber for home construction, which has a current tariff of 14.5%. Former President Joe Biden set that tariff rate in 2024. If a 25% tariff is added on top of that, the Wichita Area Builders Association's CEO says that will cause more uncertainty in the builders' [...]