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.
Canada, which is Maine's largest trading partner, could be particularly hard hit by a 25% universal tariff, as suggested by ...
Looming tariffs could cause the cost of construction materials like lumber and mortar to skyrocket— if they actually happen.
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 have been stable at $500 per thousand board feet as of 2023-2024. Boise Cascade sees profits despite the soft housing market linked to construction demand. International Paper excels ...
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.
Additionally, prices of lumber and other building materials slumped after a renovation project surge and the pandemic eased; ...