Lumber Duties Fail to Stop Price Slump as Housing Demand Falters
NegativeFinancial Markets

Despite the Trump administration's efforts to bolster domestic lumber prices by imposing higher import fees on Canadian softwood lumber, the market has seen a significant downturn. Prices have dropped sharply, leading to reduced operations in mills across the US and Canada. This situation highlights the challenges facing the housing market and raises concerns about the effectiveness of trade policies in stabilizing prices.
— Curated by the World Pulse Now AI Editorial System