The situation surrounding tariffs remains fluid, with a flurry of activity in Washington this week. …On March 6, Trump announced a one-month tariff delay until April 2 on all products from Mexico and Canada that are covered by the United States-Mexico-Canada Agreement (USMCA). While there is no specific language in the USMCA addressing Canadian softwood lumber, NAHB worked with the White House to ensure it was covered under the latest pause on tariff implementation. Two essential materials used in new home construction, softwood lumber and gypsum (used for drywall), are largely sourced from Canada and Mexico, respectively. …If the new tariffs on Mexico and Canada go into effect next month, they are projected to raise the cost of imported construction materials by more than $3 billion. NAHB has received anecdotal reports from members that they are planning for tariffs to increase material costs between $7,500 and $10,000 on the average new single-family home.
WASHINGTON — Canadians are waking up to a new and uncertain reality after U.S. President Donald Trump’s deadline for economy-wide tariffs passed with no relent overnight, triggering a continental trade war. The president’s executive order hitting Canada and Mexico with 25 per cent across-the-board tariffs, with a lower 10 per cent levy on Canadian energy, took effect at 12:01 a.m. ET. …Prime Minister Justin Trudeau is set to hold a press conference in Ottawa Tuesday morning with Finance Minister Dominic LeBlanc, Foreign Affairs Minister Mélanie Joly and Public Safety Minister David McGuinty. Canada’s response is to start with tariffs on $30 billion worth of goods immediately and tariffs on the remaining $125 billion worth of American products 21 days later. The S&P 500 dropped two per cent in Monday afternoon trading. The Dow Jones Industrial Average dropped 1.5 per cent and the Nasdaq composite slumped 2.6 per cent. Ontario Premier Doug Ford warned Americans that Canada would have a strong response and suggested he could shut down the movement of critical minerals and energy into the United States. He said Trump needs to pull back for the sake of Americans and Canadians.
US Commerce Secretary Howard Lutnick signaled he doesn’t expect a reprieve on 25% tariffs for steel and aluminum imports scheduled to take effect on Wednesday. The levies, ordered by U.S. President Donald Trump in February, include imports from Canada and Mexico — which are among the top foreign suppliers — and apply to finished metal products, too. U.S. steelmakers have urged Trump to resist exemptions to the tariffs, which risk hitting US companies that use aluminum and steel. Administration officials have said the policy is aimed at cracking down on efforts by countries including Russia and China to bypass existing duties. Last week, Trump imposed sweeping tariffs on imports from Canada and Mexico but later walked back some of the changes — offering a one-month reprieve to automakers and then expanding that pause to all imported goods covered by the free-trade agreement between the US, Canada and Mexico.
President Donald Trump on Thursday signed executive actions that delay for nearly one month tariffs on all products from Mexico and Canada that are covered by the USMCA free trade treaty, a significant walkback of the administration’s signature economic plan that has rattled markets, businesses and consumers. The executive actions follow a discussion Trump held Thursday with Mexican President Claudia Sheinbaum and negotiations between Canadian and Trump administration officials. …Energy from Canada, however, is not included in the USMCA, the White House official said. So that lower 10% tariff is expected to remain in place… but the Trump reduced the tariff on Canadian potash to 10%. …Canada will now pause their planned second round of tariffs on over 4,000 US goods until April 2, Canadian Minister of Finance Dominic LeBlanc said.
GENEVA — Canada has requested consultations with the United States on “unjustified tariffs” at the 
When President Trump threatened new tariffs on Mexico, Canada and China at the beginning of February, Steve Martinez flew into action. The Idaho-based general contractor spent hundreds of thousands of dollars on materials like lumber, windows, cabinetry and steel to stockpile them before the tariffs hit. …Since his lenders wouldn’t finance these purchases, he is paying out of pocket and using cash. Then after the president abruptly walked them back, Martinez was left with an upended business plan, less cash and feeling confused about what to do next. “I can’t keep ping ponging back and forth,” Martinez said. …Builders have been doing what they can to insulate themselves from higher import costs, from stockpiling materials and appliances to shrinking the size of the homes they will build. But if tariffs take effect long term, they will only be able to absorb so much cost. [to access the full story a WSJ subscription is required]
As we enter what are typically the most profitable months for US builders, widespread uncertainty regarding pricing is casting a pall over the industry. Northeastern Retail Lumber Association (NRLA) crystallizes these concerns, noting that: “Despite repeated delays of tariffs on imports from Mexico and Canada, prices continue to fluctuate unpredictably, leading to hoarding by customers, delayed orders for restocking, and customers abandoning purchases due to sudden cost increases.” The NRLA says the current situation recalls the tumult of pandemic-era supply chain shortages. “Now, dealers are reporting the same patterns: unpredictable cost increases, uncertainty in securing supply, and customers unable to move forward with purchases due to rapidly shifting prices.” …NRLA writes that daily price changes are making it impossible for retailers to provide accurate quotes, which constricts pricing guarantees. …NRLA dealers are reporting that even U.S.-made manufactured materials are seeing price increases.
Thousands of US companies opened for business on Friday with no idea whether they had to pay tariffs. …In imposing the tariffs, Mr. Trump misused the 1977 International Emergency Economic Powers Act. Congress passed IEEPA to give presidents tools to respond quickly to emergencies like wars or terrorist attacks. …IEEPA has never been used for tariffs, and courts should rule that it can’t be. …US trade laws require the president to identify and investigate specific trade practices that harm the U.S. and then propose remedies, such as tariffs or negotiations. A president may impose tariffs on specific goods if fact-finding determines that imports threaten US national security. Mr. Trump’s reasons for imposing tariffs on Canada don’t appear to satisfy these standards. …Faced with Mr. Trump’s tariff threats, Canadian, Mexican and European officials have indicated that they are open to collective action against China, the world’s biggest exporter and a major source of US trade deficits. [to access the full story, a WSJ subscription is required]
China suspended on Tuesday the soybean import licences of three U.S. firms and halted imports of U.S. logs, stepping up its retaliation for Donald Trump’s decision to impose an extra 10% duty on China. …The suspension of U.S. logs was a direct response to Trump’s move on March 1 to order a trade investigation on imported lumber. Trump had earlier told reporters that he was thinking about imposing a 25% tariff rate on lumber and forest products. “The announcement of import restrictions on U.S lumber and soybeans linked with phytosanitary issues follows a long history of similar measures by Beijing,” said Even Pay, agriculture analyst at Trivium China. …China is one of the world’s largest importers of wood products and the third-largest destination for U.S. forest products. It imported around $850 million worth of logs and other rough wood products from the U.S. in 2024, according to Chinese customs data.
BEIJING – China suspended on Tuesday the soybean import licenses of three U.S. firms and halted imports of U.S. lumber, stepping up retaliatory action after the United States imposed additional tariffs on Chinese goods. Earlier in the day, China also imposed import levies covering $21 billion worth of U.S. agricultural and food products… Customs said it detected ergot and seed coating agent in imported U.S. soybeans while the suspension of U.S. lumber imports was due to the detection of small worms, aspergillus and other pests. …Beijing’s retaliatory measures were in response to U.S. President Donald Trump’s decision to impose an extra 10% duty on China, effective Tuesday, resulting in a cumulative 20% tariff in response to what the White House considers Chinese inaction over drug flows. …The suspension of U.S. lumber was a direct response to Trump’s move on March 1 to order a trade investigation on imported lumber. 
AUGUSTA, Maine — Tariffs on Canadian imports and Ottawa’s retaliation on American goods could sever—or at least strain—the close ties between the forest product industries of Maine and eastern Canada. The state exported $775 million in forest products to Canada in 2023. …Much of the wood Maine sends across the border is in the form of raw logs, according to Dana Doran of Professional Logging Contractors of the Northeast. The timber goes to Canada for processing… and the finished wood products are then frequently re-imported and sold in Maine. …Doran has doubts that these tariff efforts will achieve their intended effect of boosting domestic production. “Most of those Canadian manufacturers have already invested in the United States,” Doran said. …However, others acknowledge that—even if foreign companies benefit—shifting the processing of wood back into the U.S. aligns with the White House’s protectionist aims.
US lumber futures have fallen from their all-time highs after president Trump’s delay to tariffs on Canada this week halted a surge in prices. Contracts tracking a truckload of lumber hit the highest point in their 30-month history this week. …Trump initially planned to impose 25% tariffs on critical Canadian imports, boosting prices, but Thursday’s pause for a month pushed prices for delivery in May down more than 6% over two days, to $651 per MBF. Even so, prices remain elevated as Trump also ordered a federal investigation into Canadian companies potentially dumping excess supplies into the US market. …Together with potential tariffs, the total duty on Canadian imports could rise from 14.5 per cent to 52 per cent. “This is going to be devastating for Canadian producers,” said Dustin Jalbert, senior economist for wood products at price reporting agency Fastmarkets. “No Canadian producer is making the margin to be able to absorb that.”
VANCOUVER, BC — Canfor Corporation reported its fourth quarter of 2024 results. Highlights include: Q4 2024 operating loss of $46 million; shareholder net loss of $63 million; Supply-driven uptick in North American lumber markets and pricing through the fourth quarter led to improved results from the Company’s Western Canadian and US South operations; another quarter of solid earnings from Europe; Improved 
President Trump’s push for tariffs on Canada – and his subsequent delays and exemptions – are frustrating efforts to import lumber from the country and putting the building supply market on edge. The back-and-forth over whether tariffs will be imposed or not has businesses unable to trust price stability, and risks backing up the supply chain for US homebuilders. The reluctance to pay a tariff, which could be changed or cancelled any day, “freezes these markets up,” according to Don Magruder, who runs a building material company based in Florida. …Andy Rielly, president of Rielly Lumber in British Columbia, said he’s been in talks with long-term customers on how to divvy up the extra costs, but not everyone has been able to strike deals. …The US’s National Association of Home Builders chairman Buddy Hughes said tariffs risk worsening housing affordability. …The US Lumber Coalition said that lumber prices are only a fraction of homebuilding costs.
The Trump administration is moving at a record pace on a varied list of priorities, but insiders hope a focus on housing will remain at the top of the agenda in 2025. With housing affordability a central focus, bills addressing zoning, permitting, workforce development, and taxes are taking shape. …Despite all these areas of concern, one concern looms largest – tariffs. Approximately 22% of the products used in the average home are imported from China, 70% of lumber used in construction is sourced from Canada, and Mexico is the largest provider of gypsum. …The NAHB has advocated for an exemption for building materials, and the association continues to engage in conversations with lawmakers about the harmful effects these tariffs could have on housing affordability. NAHB’s Karl Eckhart says “These Canadian and Mexican tariffs are going to have a direct and painful impact on the price to build a house.”
On Tuesday, President Donald Trump’s administration imposed new tariffs on imports from Canada and Mexico while increasing existing tariffs on goods from China, a move expected to raise prices for new homes, according to a recent CoreLogic report. That’s largely because tariffs affect essential home construction materials, including wood products, cement, steel, aluminum and appliances, so homebuilding costs are projected to rise. As a result, construction costs could increase by 4% to 6% over the next 12 months, adding roughly $17,000 to $22,000 to the sticker prices for new homes, according to CoreLogic. With the cost of a newly constructed home averaging around $422,000, these added expenses may further strain affordability for first-time homebuyers, the study says.
CHINO, Calif. — Where some just see lumber, Marc Saracco, a sales manager at wholesale distributor Capital Lumber Company, sees the building blocks of new communities. Although with the 25% tariffs President Donald Trump is placing on imports from Mexico and Canada, Saracco said those building blocks are expected to get more expensive. “I estimate that the tariffs from appliances to lumber would cost a homeowner between $30,000 and $40,000 per house,” Saracco said. He said it could exacerbate the current housing shortage. “We as an industry rely heavily on what they produce. About 30% of the lumber that we consume in the United States comes from Canada,” Saracco said. …”You’re talking about $600 million just in the scale of the rebuild in additional tariffs to meet those 15,000 homes that absolutely need to be rebuilt,” Saracco said. …With domestic sawmills closing, Saracco said it would take 10 to 20 years before the U.S. can internally meet lumber demand. 
Lumber producers have migrated from Canada to the US South. Now lumber-futures trading is heading to the Southern pineries as well. The exchange operator CME Group said it would launch trading in Southern yellow pine futures on March 31, a response to rising export taxes on Canadian lumber. The futures contracts—ticker: SYP—will give the South’s loblolly planters, loggers, sawmills, pressure treaters and builders a mechanism to manage their exposure to price swings that is more in line with the local market than existing futures. …Traders and the exchange have for years discussed Southern yellow pine futures as the region’s production grew. Now that Northern lumber is a lot more expensive, they are saying the time is right. …Southern yellow pine doesn’t always work as a substitute for the Northern species favored by home builders. But executives said the growing price difference is prompting pockets of buyers to swap.
The full scope of the new investigation is not yet certain. The 
President Trump is promising to unleash the US timber industry by allowing companies to raze swaths of federally protected national forests. …His order — which calls for the ramping up of the domestic timber production to avoid reliance on “foreign producers” — was followed by sweeping 25% tariffs on Canadian products, including lumber. …However, it’s more complex than simply swapping out Canadian imports for homegrown timber, said industry experts. …Meanwhile, environmental groups say clearcutting national forests will pollute the air and water and exacerbate climate change. Anna Kelly, White House deputy press secretary, referred to multiple organizations that have released statements of support about opening up federal land for logging, including the American Loggers Council, the American Forest Resource Council and the Forest Landowners Association. Increasing logging on federal lands would increase the supply of logs for US industry, said FEA’s Rocky Goodnow… but it won’t replace Canadian imports in the near term.
The Trump administration touted logging as the next frontier in job creation and wildfire prevention, but those goals will face confounding challenges. Trump issued two executive orders on March 1: the first to boost timber production on federal land and the second to address wood product imports. The moves were cheered by the timber industry. “These are common sense directives,” said Travis Joseph, president of the American Forest Resource Council, a timber industry trade group. “Our federal forests have been mismanaged for decades and Americans have paid the price in almost every way – lost jobs, lost manufacturing, and infrastructure.” Timber groups and rural lawmakers also said the orders could help manage overstocked forests and reduce the threat of wildfire. But conservation groups and forestry experts say cutting down more trees doesn’t inherently reduce wildfire risk and can actually increase it. The plan also faces pushback about environmental concerns and economics.
President Donald Trump took action last weekend to increase domestic logging by circumventing environmental protections and to staunch the flow of imported lumber products primarily from Canada. A pair of executive orders — one addressing timber and wood product imports, the other addressing logging on federal lands — drew praise from the logging industry, condemnation from environmental and wildlife groups, and concern from the construction industry over higher prices. The order rolls back the degree to which the agencies have to comply with the Endangered Species Act or consider negative impacts of logging. …[making] it easier for environmentally damaging clear-cut logging to be approved. …The executive order on timber production … can exempt projects from complying with the landmark law. …allowing projects to proceed even if they will harm a protected species or result in extinction. Historically, the committee has been used to aid recovery from natural disasters, not to expedite resource extraction.
FRANKFURT – Bayer has told U.S. lawmakers it could stop selling Roundup weedkiller unless they can strengthen legal protection against product liability litigation, according to a financial analyst and a person close to the matter. Bayer has paid about $10 billion to settle disputed claims that Roundup, based on the herbicide glyphosate, causes cancer. About 67,000 further cases are pending for which the group has set aside $5.9 billion in legal provisions. The German company has said plaintiffs should not be able to take Bayer to court by invoking U.S. state rules given the federal U.S. Environmental Protection Agency has repeatedly labelled the product as safe to use, as have regulators in other parts of the world. “Without regulatory clarity (Bayer) will need to exit the business. Bayer have been clear with legislators and farmer groups on this,” analysts at brokerage Jefferies said in a note on Thursday, citing guidance Bayer’s leadership provided in a meeting.
Thousands of fired workers at the Department of Agriculture must get their jobs back for at least the next month and a half, the chair of a federal civil service board ruled Wednesday. The ruling said the recent dismissals of more than 5,600 probationary employees may have violated federal laws and procedures for carrying out layoffs. The decision from Cathy Harris, the chair of the Merit Systems Protection Board, is a blow to the Trump administration’s effort to drastically and quickly shrink the federal bureaucracy. Though it applies only to the USDA, it could lay the groundwork for further rulings reinstating tens of thousands of other probationary workers whom the Trump administration has fired en masse across the government. But it’s far from a final resolution of the legality of the mass terminations. 
President Donald Trump’s plans to use the “God Squad” and emergency provisions of the Endangered Species Act to promote widespread logging on public lands are likely illegal and little more than rhetoric without the force of law, legal experts say. …The timber order’s directives say they must comply with existing law and do not create any enforceable law, making them little more than “a lot of hot air,” said John Leshy, a former Interior solicitor in the Clinton administration in San Francisco. “It’s core could be summed up as ‘study, consider, recommend,’” Leshy said. The caveats that end the order “deprive even those exhortations of any enforceability or effect.” Murray Feldman, a partner at Holland & Hart LLP in Boise, Idaho, said the executive order is an “aspirational statement.” The order doesn’t satisfy the qualifications for an emergency under ESA regulations, the use of which is generally limited to human health risks, he said.
Northeastern Minnesota loggers and the nation’s forest products industry could get a lift under an executive order issued by President Donald Trump. New guidance or updates to facilitate increased timber production, sound forest management, reduced timber delivery time, and decreased timber supply uncertainty, are by the end of March to be issued by the U.S. Secretary of the Interior, Secretary of Agriculture, and U.S. Forest Service chief, under Trump’s “Immediate Expansion of American Timber Production,” order. National and Minnesota timber products officials say Trump’s order is a positive step toward boosting American timber production. “We’ve had nearly 150 mills close across the U.S. in the past 24 months,” Scott Dane, American Loggers Council (ALC) executive director said. “We need to turn the dismantling of the American timber industry around before it is too late. President Trump’s “immediate” increase in lumber production is the beginning of that turnaround.”
Federal officials are preparing to disband an advisory committee tasked with guiding policies for millions of acres of national forests in the Pacific Northwest. …The 21 members of the Northwest Forest Plan federal advisory committee… have been meeting since summer 2023, hashing out how to tackle wildfires, pests and diseases across nearly 25 million acres of national forests in Oregon, Washington and Northern California. On Thursday, officials with the US Forest Service told committee members the agency was likely to dissolve the group in the coming weeks. Some members said they had been expecting this news. …The Forest Service pulled the committee together to help amend the decades-old Northwest Forest Plan, a set of policies that came out of the timber wars of the 1980s and ’90s. …The committee delivered its recommendations to the Forest Service last year.
…in the early 2000s, a group of scientists and businessmen began arguing that forest thinning was too much for the government to take on. If Arizona had any hope of decreasing the risk of catastrophic forest fire, private industry would have to play a part. From this debate emerged Arizona Forest Restoration Products, a company that had planned to make oriented strand board from the low-dollar trees. …But …the Forest Service unexpectedly awarded the contract in 2012 to Pioneer Associates, a group it favored, even if they were arguably less qualified and had gathered almost no funding for their proposal. …Pioneer quickly went defunct, and the company that took over its contract, Good Earth, only thinned a fraction of what it promised. …And a cautionary tale as we fall into a pattern of on-again, off-again federal infrastructure funding cuts and threatened tariffs, which were enacted and then delayed on Canada and Mexico until April.
Republican-led policy directives could rewrite forest policies that affect public lands in Oregon and the rest of the West. New executive orders from the Trump administration call on federal agencies to fast-track logging projects by circumventing endangered species laws, and to investigate whether lumber imports threaten national security. …Some experts say it’s too soon to tell how these directives will affect Oregon’s timber market, particularly Trump’s order on fast-tracking timber sales to benefit logging companies and mills. Mindy Crandall, associate professor of forest policy at Oregon State University, said Canadian imports make up a large chunk of the U.S.‘s softwood lumber supply. Oregon also leads the nation 
Legislation introduced by the Alabama Forestry Association would significantly worsen the condition of local and state roads and bridges, as well as hinder safety inspections of commercial vehicles. “The legislation is to allow significantly heavier axle weights to be hauled by large trucks — a move that is difficult to comprehend when the truckers already complain of sky-high liability insurance rates and serve as the primary target of advertising by personal injury law firms,” said Alabama Department of Transportation Deputy Director George Conner… “The math is simple: heavier truck axle weights are exceptionally dangerous and destroy roads and bridges; even heavier axle weights will be more dangerous and will destroy roads and bridges even more quickly.” …The Forestry Association’s proposal would increase the legal limit for a single axle from 20,000 pounds to 22,000 pounds while increasing the legal limit for two axles (tandem axles) from 34,000 pounds to 44,000 pounds.
Eastwood Forests has deployed slightly more than half of its debut fund through deals that have included acquisitions in Costa Rica, Panama and Canada. North Carolina-headquartered Eastwood announced its acquisition of 14,500 ha of northern Vancouver Island timberland from Western Forest Products for $69.2 million in February. …Eastwood VP for transactions Prab Dahal said “Western has done a good job in managing the forests but our philosophies are slightly different in that we probably would not have as much openings and as much clear-cuts as Western did in the past,” said Dahal. …“It has more versatility than the typical natural forest that we look for elsewhere,” said Dahal. “We can manage this purely for carbon and still do good, or manage purely as a plantation and continuously manage with a harvesting level that is sustainable and can do good, financially, for our investors.” …Eastwood was established in 2022. 
A Washington timber company has been fined nearly $115,000 for child labor violations after a 17-year-old worker was injured while working in a logging operation. The Washington State Department of Labor & Industries issued the citation against MVR Timber Cutting Inc. following an investigation into the incident. The investigation began in May 2024 when L&I received a report of a workplace injury involving the teen, who fractured his foot while jumping between tree stumps. Upon learning that the minor was working as a member of the company’s logging crew, L&I expanded its investigation. …In January, L&I fined MVR Timber Cutting Inc. $56,000 for allowing the minor to work in logging operations 56 times. State regulations prohibit minors under 18 from working in jobs requiring more extensive personal protective equipment than boots, gloves, and safety glasses. Additionally, state law bans teens from working in hard hat zones, prompting L&I to issue an additional $56,000 fine for the 56 violations of that regulation.
