1028 ET - For homebuilders and building products companies, the impact of President Trump's reciprocal tariffs will depend on the details, BofA Securities says in a research note. Analysts Rafe Jadrosich and Shaun Calnan say homebuilders could face margin pressure from tariffs on Canadian lumber. While homebuilders successfully navigated lumber price volatility a few years back, the analysts believe builders will struggle to offset cost inflation this time given weaker demand and elevated housing inventory. Flooring manufacturer Mohawk Industries would benefit from tariffs on Europe covering ceramic tiles and those on Vietnam for luxury vinyl tile. But tariffs on Mexico are a headwind for Mohawk and appliance maker Whirlpool. "Manufacturers have announced price hikes to offset the 'dynamic trade policy', but we see risk that volumes could weaken in a difficult macro backdrop," say the analysts. (denny.jacob@wsj.com; @pennedbyden)
(END) Dow Jones Newswires
April 01, 2025 10:28 ET (14:28 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。