Proposed tariffs on Canada and Mexico could triple costs of lumber imports, some experts say, and hurt U.S. housing.
While trees are bountiful in the US (we have 300 billion of them ), economists and homebuilders caution that America does not ...
The unprecedented conditions of the coronavirus pandemic had some equally unprecedented economic effects, including some unusual shortages in the economy. For a large chunk of 2020, there was a ...
President Donald Trump has temporarily suspended stiff new tariffs on Canada and Mexico, easing the fears of homebuilders who ...
Maine imported more than $200 million of wood from Canada in 2024, according to the U.S Department of Commerce.
Prices for softwood lumber and gypsum used in drywall, mostly imported from Canada and Mexico, are anticipated to soar if 25% ...
As tariffs on imports from Canada and Mexico have paused, the threat of increased tariffs still loom, including those on ...
material shortages and potentially higher costs for such items as lumber and bathtubs. In terms of economic upheaval, it could be the construction industry equivalent of what the COVID-19 pandemic ...
showed lumber prices shot up nearly 60 percent year on year to reach their highest levels. Experts cited a combination of factors behind the surge, such as a global shortage of ocean shipping ...