US President Donald Trump is ordering the Commerce Department to launch an investigation into the national security harm posed by lumber imports, laying the legal groundwork for new tariffs he’s ...
However, economists and homebuilders have cautioned that America does not currently have the industrial capacity to meet the demand and that taxing — or worse, cutting off — Canadian lumber ...
However, it’s more complex than simply swapping out Canadian imports for homegrown timber, said industry experts, who warned tariffs could end up increasing lumber and building costs — and ...
Lumber futures rose to the highest in more than two and a half years after President Donald Trump ordered an investigation into shipments of the commodity into the US. Trump on Saturday asked the ...
President Donald Trump on Saturday ordered a new trade investigation that could heap more tariffs on imported lumber, adding to existing duties on Canadian softwood lumber and 25% tariffs on all ...
The president initiated an investigation that could lead to tariffs on lumber imports, nearly half of which comes from Canada. By Ana Swanson Reporting from Washington President Trump on Saturday ...
President Trump signed a Saturday executive order requesting an evaluation of lumber imports, which he described as a “critical” manufacturing industry “essential” to national security ...
President Trump on Saturday signed a pair of actions to increase domestic lumber production, including a directive for the Commerce Department to investigate the possible harms that lumber imports ...
Traders have been gearing up for a 25% import tax on Canadian lumber, which fulfills about one-fourth of U.S. demand. On-the-spot prices for the spruce, pine and fir boards that homes are built ...
President Donald Trump on Saturday signed two executive orders that call for immediately expanding American lumber production and addressing lumber imports' threat to national security.
Lumber producers have migrated from Canada to the U.S. South. Now lumber-futures trading is heading to the Southern pineries as well. The exchange operator CME Group said it would launch trading ...
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