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.
Axios Visuals A big chunk of U.S. imports come from Canada and Mexico — nearly 29% of the $2.97 trillion in goods we brought in last year. Why it matters: This isn't necessarily all stuff the U.S. can ...
Additionally, prices of lumber and other building materials slumped after a renovation project surge and the pandemic eased; ...
Canada, which is Maine's largest trading partner, could be particularly hard hit by a 25% universal tariff, as suggested by ...
Construction executives warn of increased costs for lumber and steel as contractors start to rebuild LA after firestorms.
With California wildfires triggering a massive rebuilding process that could take several years, investors are looking closer ...
An increase in lumber prices would fuel inflation, shrink disposable income, and strain the U.S.'s consumer-driven economy ...
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.
Trump says it’s an ‘hour of anguish’ for the country after no survivors are found in the D.C. plane crash ...