{"id":88622,"date":"2025-03-06T06:45:46","date_gmt":"2025-03-06T06:45:46","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/tariffs-send-lumber-prices-to-30-month-high\/"},"modified":"2025-09-19T09:03:49","modified_gmt":"2025-09-19T09:03:49","slug":"tariffs-send-lumber-prices-to-30-month-high","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/tariffs-send-lumber-prices-to-30-month-high\/","title":{"rendered":"Tariffs send lumber prices to 30-month high"},"content":{"rendered":"<p class=\"c-paragraph\">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 U.S.<\/p>\n<p class=\"c-paragraph\">Trump on Saturday asked the Commerce Department to investigate the national security harm posed by lumber imports. Those shipments largely come from Canada, which is already facing the threat of 25 per cent tariffs on its goods. The most-active contract in Chicago rose as much as 3.5 per cent to the highest since August 2022.<\/p>\n<p class=\"c-paragraph\">Shares of some Canadian lumber companies slumped on Monday, with Interfor Corp. dropping as much as 9.9 per cent, the most since June 2022. Canfor Corp. fell as much as 3.5 per cent.<\/p>\n<p class=\"c-paragraph\">The investigation will examine whether exporters like Canada, Germany, and Brazil are dumping lumber into U.S. markets at the expense of American economic prosperity and national security, Bloomberg reported, citing a senior administration official who briefed reporters on the condition of anonymity.<\/p>\n<p class=\"c-paragraph\">Softwood lumber has been a decades-old irritant in the trade relationship between Ottawa and Washington. The U.S. argues Canada subsidizes its loggers by charging cheap fees for harvesting, and has repeatedly slapped duties on Canadian softwood over the years.<\/p>\n<p><a href=\"https:\/\/timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber01-1.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-37579\" src=\"https:\/\/timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber01-1-300x164.jpg\" alt=\"\" width=\"501\" height=\"274\" srcset=\"https:\/\/timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber01-1-300x164.jpg 300w, https:\/\/timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber01-1.jpg 653w\" sizes=\"(max-width: 501px) 100vw, 501px\" \/><\/a><\/p>\n<p class=\"c-paragraph\">Trump has made lumber imports a \u201cnational security issue,\u201d Scotiabank analysts including Ben Isaacson wrote in a note Monday. It\u2019s likely a precursor move to further tariffs on lumber and Canadian goods more broadly, making it \u201chard to see how parts of the Canadian Paper &amp; Forestry Products sector aren\u2019t ravaged,\u201d they wrote.<\/p>\n<p class=\"c-paragraph\">While the \u201cCanadian lumber industry has taken strides to reduce exposure to U.S. protectionist measures,\u201d companies are \u201csensitive to additional layers of duties and tariffs,\u201d TD Cowen analysts Sean Steuart and Kasia Trzaski Kopytek wrote in a Monday note.<\/p>\n<p class=\"c-paragraph\">Canada supplies as much as 30 per cent of US softwood lumber, a share that America will have a hard time compensating for in the near-term. Trump on Saturday also signed an executive order that \u201ccuts red tape in order to streamline timber production,\u201d including by pushing for quicker approvals for logging under the Endangered Species Act.<\/p>\n<p class=\"c-paragraph\">Existing duties on Canadian lumber have already helped to increase US production. But fully replacing foreign imports will require the construction of multiple new mills to turn timber into construction materials, which \u201cwould run into all sorts of constraints,\u201d said Crystal Gauvin, a senior economist at Forest Economic Advisors.<\/p>\n<p class=\"c-paragraph\">Mills built during the Covid-19 pandemic, when lumber prices soared amid a boom in home renovations, took about three years to become fully operational, she said. It could also take several years to build the infrastructure to supply new plants, she said.<\/p>\n<p class=\"c-paragraph\">The Washington-based US Lumber Coalition supported Trump\u2019s actions, with Stimson Lumber Co. Chief Executive Officer Andrew Miller saying that the additional enforcement step will help address \u201cthe harmful effects of foreign unfair trade practices in lumber.\u201d<\/p>\n<p class=\"c-paragraph\">U.S. environmental groups including Oregon Wild, meanwhile, said the president\u2019s executive order to boost logging activity would increase wildfire risk and harm forests.<\/p>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>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 U.S. Trump on Saturday asked the Commerce Department to investigate the national &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/tariffs-send-lumber-prices-to-30-month-high\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":96200,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-88622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - 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