by USTR. The tariffs were applied in four tranches, known as List 1, 2, 3 and 4a. The tariffs analyzed in this study, which are composed of goods used in homebuilding, are from List 3.2 List 3 covered roughly $200 billion worth of goods and applied a tariff of 10 percent on September 24, 2018. List 3 tariffs were raised to 25 percent on June 15 …

