Lumber, especially softwood lumber like pine and spruce, is critical to U.S. home construction. Its availability and price directly affect housing costs and broader economic activity in the building sector. The U.S. imports about 40% of the softwood lumber the nation uses each year, more than 80% of that from Canada. President Donald Trump says that the U.S. has the …
Read More »Tag Archives: Lumber
Trump’s Tariffs on Lumber and Cabinetry Kick In, Hitting Homebuilding and Renovation – Realtor.com
Trump’s Tariffs on Lumber and Cabinetry Kick In, Hitting Homebuilding and Renovation Realtor.com Trump Enacts Tariffs on Imported Lumber and Furniture The New York Times As US wood tariffs kick in, kitchen cabinet companies look for a silver lining AP News Trump’s Wood Tariffs Are Here. Who’s Hit The Hardest Bloomberg.com Trump tariffs on kitchen cabinets and lumber come into force BBC Source link
Read More »US Lumber Giants Agree to Combine in $7.1 Billion Deal – Bloomberg.com
US Lumber Giants Agree to Combine in $7.1 Billion Deal Bloomberg.com Two of the Biggest U.S. Timberland Owners Strike Deal to Combine The Wall Street Journal Rayonier, PotlatchDeltic to form timber products giant in $8.2 billion merger Reuters Rayonier, PotlatchDeltic confirm $8.2B timber products merger deal (PCH:NASDAQ) Seeking Alpha PotlatchDeltic and Rayonier Announce All-Stock Merger. What It Means for the Timberland Owners. Barron’s Source link
Read More »Trump Ramps Up Trade War as Tariffs on Lumber and Furniture Kick In – The New York Times
Trump Ramps Up Trade War as Tariffs on Lumber and Furniture Kick In The New York Times U.S. President Donald Trump tariffs on timber, furniture take effect The Hindu In America’s furniture capital, a mix of hope and fear as tariffs arrive CNN Trump’s Lumber Tariffs Take Hold, Threatening to Hike Home Costs Bloomberg.com US Tariffs Mean Transfer Pricing Issues, Risk for Thai Exporters news.bloombergtax.com …
Read More »Trump Enacts Tariffs on Imported Lumber and Furniture – The New York Times
Trump Enacts Tariffs on Imported Lumber and Furniture The New York TimesView Full Coverage on Google News Source link
Read More »Lumber Prices Rise on Trump’s New Tariff – The Wall Street Journal
Lumber Prices Rise on Trump’s New Tariff The Wall Street Journal Trump places a 10% tariff on lumber and a 25% tariff on furniture and cabinets CNN Tariff Hit on Swiss Only Kicking In, Swiss Re’s Mueller Says Bloomberg.com Home Builders, and Homeowners, Brace for Impact of Kitchen Tariffs The New York Times What to know about Trump’s new pharmaceutical tariff plan The Hill Source …
Read More »President Donald J. Trump Addresses the Threat to National Security from Imports of Timber, Lumber, and Their Derivative Products – The White House
SUPPORTING AMERICA’S LUMBER INDUSTRY: Today, President Donald J. Trump signed a Proclamation invoking Section 232 of the Trade Expansion Act of 1962 (Act) to impose tariffs on imports of timber, lumber, and their derivative products (wood products) to bolster American industry and protect national security. The Proclamation imposes a 10% global tariff on imports of softwood lumber. The Proclamation imposes …
Read More »Trump sets 10% tariff on lumber imports, 25% on cabinets and furniture – Reuters
Trump sets 10% tariff on lumber imports, 25% on cabinets and furniture Reuters Trump places a 10% tariff on lumber and a 25% tariff on furniture and cabinets CNN Trump Officials Flesh Out Tariffs on Kitchen Cabinets, Furniture and Timber The New York Times What to know about Trump’s new pharmaceutical tariff plan The Hill Trump’s new tariffs will slam America’s already brutal housing …
Read More »Trump places a 10% tariff on lumber and a 25% tariff on furniture and cabinets
President Donald Trump on Monday ordered significant new tariffs on wood and various wooden products, including imported lumber, timber, kitchen cabinets and upholstered furniture – potentially adding costs to homebuilding and furnishing, which have surged in price in recent months. In a proclamation, Trump said the United States would begin charging a 10% tariff on foreign softwood lumber and timber, …
Read More »Trump Sets 10% Tariff on Softwood Lumber Imports, 25% on Cabinets
President Donald Trump ordered 10% tariffs on imports of softwood timber and lumber, as well as 25% levies on kitchen cabinets, vanities and upholstered wood products, marking his latest bid to use import taxes to shore up domestic manufacturing. The tariffs are set to apply from Oct. 14, with some increases targeted to take effect Jan. 1, according to a …
Read More »