Posted on 01/13/2026 10:33:58 AM PST by SoConPubbie
SUPPORTING AMERICA’S LUMBER INDUSTRY: Today, President Donald J. Trump signed a Proclamation invoking Section 232 of the Trade Expansion Act of 1962 (Act) to delay increases in tariffs for upholstered furniture, kitchen cabinets, and vanities for another year.
ADDRESSING THE THREAT TO NATIONAL SECURITY: Earlier this year, President Trump imposed tariffs on imports of timber, lumber, and their derivative products (wood products) to bolster American industry and protect national security.
BUILDING ON A RECORD OF SECURING CRITICAL INDUSTRIES AND SUPPLY CHAINS: This Proclamation builds on previous actions taken by the Trump Administration to ensure U.S. trade and industrial policies serve the national interest.
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Or, “Midterms are “this year!
This is good news for the lumber industry.
“This is good news for the lumber industry.”
I just built a deck and I was shocked at how cheap the lumber was. This may be regional based on how the building industry is doing. But it ended up costing about 60% of what I was expecting. My guess is the local building boom is abating. It was still running on loans enabled by the Biden administration. I’d say my county is now over built as homes are taking a long time to sell.
Even though I have an expensive home I inherited to sell, please don’t reinflate the economy.
It’s refreshing to have an actual business man as president of the United States.
FReepers hit hardest!
This headline is VERY misleading.
They DID NOT reduce any LUMBER, PLYWOOD or OSB tariffs.
This ONLY effects the INCREASE that was supposed to go in effect on upholstered furniture, kitchen cabinets, and vanities on January 1st.
This does not lower tariffs on Canadian or European lumber, plywood and OSB.
The current tariffs, countervailing duties and Anti dumping on Canadian lumber is on average 45%. Although some companies like Canfor are 57%. This has made Canadian lumber more expensive and generally US manufactured lumber cheaper.
The price of wholesale lumber was at a five year low in September of 2025. It has increased 10-20% since then. IT dropped to the point that mills curtailed production in both the USA, Canada and Europe. It dropped to roughly 25% of the price it rose to during the Covid years when production was limited and demand surged.
Housing starts are fairly low at 1.1 million. They were 1.6 million a couple years back. So, demand is relatively weak.
Most prospects for this year are about the same as last year . Which is so/so.
Prices are cheap.
The big corporate mills are all losing money.
Their stocks are all down.
Your problem Troll is that President Trump has been doing actions like this every day of this his second term!
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