The U.S. construction industry may face higher lumber prices within a month if President Donald Trump follows through with his threat of tariffs on Canada this weekend.
Construction executives warn of increased costs for lumber and steel as contractors start to rebuild LA after firestorms.
Tariffs that are central to President Donald Trump's economic policies could destabilize markets for numerous Maine products from lumber to lobsters to electricity. The president has said he will ...
Trump says it’s an ‘hour of anguish’ for the country after no survivors are found in the D.C. plane crash ...
The timing also would mean higher costs for rebuilding efforts in L.A. County communities destroyed by wildfires.
Lumber prices based on the most active futures contract have climbed by more than 7% so far in the new year, already outpacing 2024's modest 1.3% rise, according to Dow Jones Market Data.