President Donald Trump’s tariff plans threaten to raise US home construction costs, making it even more difficult for Americans already facing a tight housing market.

Key Takeaways Shares of homebuilders and construction companies lost ground Monday on worries that new tariffs could raise building costs. President Donald Trump signed executive orders over the weekend calling for 25% tariffs on Canada and Mexico,

Americans may see an increase in costs for building materials after President Trump imposed new tariffs on Canada, which contributes lumber to the U.S. CBS News business contributor Javier David reports.