Builders across the U.S. are raising alarms as new tariffs on imported materials—especially Canadian softwood lumber—could add over $10,000 to the cost of a single-family home. With tariffs possibly rising above 30%, the construction industry fears reduced housing affordability and project delays.
Retail sales surged by 6.4% year‑on‑year in May, driven by promotions for tariff‑stalled goods and a major online shopping festival
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