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The vast majority—72%—of respondents to an HBSDealer poll question say the United States should not pursue a policy of aggressive growth. However, an aggressive approach has been launched —and then quickly paused. …For the home improvement industry, tariffs on Canadian lumber continue to be a central and controversial topic. …NAHB Chairman Carl Harris. “NAHB urges the administration to reconsider this action on tariffs, and we will continue to work with policymakers to eliminate barriers that make housing more costly and prevent builders from boosting housing production.” …Meanwhile, with a deeply ingrained opposition to imports subsidized by the Canadian government, the U.S. lumber industry applauds the tariffs. It also discounts the idea that increasing the tariffs on Canadian lumber imports would lead to significantly higher home prices. The US Lumber Coalition argues that softwood lumber prices are currently low and have not kept pace with general inflation.



President Trump conceded Sunday that there may be “some pain” from his sweeping tariffs on Mexico and Canada, but they will eventually lead to a new “GOLDEN AGE.” Nice of him to promise a glorious future because the pain is already unfolding. …He also included a blast at these columns for leading the “Tariff Lobby” after our editorial called his 25% across-the-board tariffs on our friends and neighbors “


Recently, the Wall Street Journal’s editorial board published a piece titled “
BEIJING — China countered President Trump’s across-the-board tariffs on Chinese products with tariffs on select U.S. imports Tuesday, as well as announcing an antitrust investigation into Google. The Chinese response was “measured,” said John Gong, a professor at the University of International Business and Economics in Beijing. “I don’t think they want the trade war escalating,” he said. …This time, analysts said, China is much better prepared to counter, with the government announcing a slew of measures that cut across different sectors of the economy, from energy to individual U.S. companies. China said it would implement a 15% tariff on coal and liquefied natural gas products as well as a 10% tariff on crude oil. …China also announced export controls on several elements critical to the production of modern high-tech products. “A risk is that this is the beginning of a tit-for-tat trade war,” Stephen Dover of Franklin Templeton said.
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PORTLAND, Maine — Tariffs that are central to Trump’s economic policies could destabilize markets for numerous Maine products from lumber to electricity. …Tariffs on products from Canada, which is Maine’s biggest trading partner, would send powerful ripples across the state’s economy. Maine brought in $4.4 billion of goods – fuels, oil, electricity, wood pulp and more – from its neighbor in 2024. Imports from Canada far outpace those from any other trading partner. …Patrick Woodcock, CEO of the Maine State Chamber of Commerce said, “many state businesses see Canada not just as a market to buy and sell items, but a place with mills and processing plants that are “fully integrated in their business plans”. …New tariffs could complicate trade relations between the U.S. and Canada, which have been tested in disputes over lumber for decades, said Patrick Strauch, of the Maine Forest Products Council… but a universal tariff would have the biggest effect on the price of energy. [the access the full story a Portland Press Herald subscription is required]

Lumber futures surged to over $590 per thousand board feet, approaching the two-month high of $600 from January 6th following US President Trump’s decision to implement tariffs on Canada, a major supplier of wood to the US. The tariffs were threatened by the US President shortly after taking office, but conflicting messages from the Presidential administration raised skepticism for investors on whether trade barriers would actually be raised. According to the latest data, Canada supplied around 30% of lumber used in the US last year. The 25% tax on Canadian goods, including wood, add to the already existing anti-dumping duties of 14.5%, raising capacity pressures on domestically produced alternatives. In the meantime, the greater degree of confidence that the Fed will deliver more than one rate cut this year drove benchmark mortgage rates to ease below 7%, giving some respite to construction demand. [END]
The stock market fell on Monday after President Donald Trump slapped tariffs on Canada, Mexico and China, eliciting threats of retaliation and setting the stage for a trade war. The Dow Jones Industrial Average slid about 550 points, or 1.25%, in early trading on Monday. The S&P 500 dropped 1.5%, and the tech-heavy Nasdaq plummeted 2%. Traders demonstrated their jitters with a selloff of U.S. auto companies, which hold deep ties to suppliers in Canada and Mexico. Shares of General Motors plummeted 6%, while Ford saw its stock price plunge 4%. The market rout extended worldwide. Japan’s Nikkei index fell 2.5% on Monday, and the pan-European STOXX 600 dropped about 1%.
Homeownership has long played a starring role in the American dream. …Nearly nine in 10 homeowners (88% / 81% in 2025) in a survey said the true cost of owning a home is more expensive than they’d expected. …Recent, unexpected hurricane-related floods in Western North Carolina and massive fires across Los Angeles County, which both occurred after the survey was conducted, will surely raise costs even more dramatically this year, and not just in the affected regions. This will be due to fierce competition for construction supplies and labor as disaster-stricken areas compete for resources and everyone else looks to maintain and improve their homes. Tariffs, depending on how they’re applied – e.g., Canadian lumber for rebuilding or across-the-board Chinese imports hitting home improvement store shelves – and potential disruption to the construction workforce can also surge homeownership costs.
Lumber prices are 9.6% higher than they were one year ago. …Impact of wood and lumber prices on the cost of a new home: In addition to narrowly defined framing lumber, products such as plywood, OSB, particleboard, fiberboard, shakes and shingles make up a considerable portion of the total 



Kenneth A. Margolis, New York — Who says bipartisanship is dead? President Trump and California Gov. Gavin Newsom have found common ground. Both seem determined to cripple the rebuilding effort in Los Angeles.
This opinion piece is by the following groups: Central Utah Water Conservancy District, Salt Lake City Department of Public Utilities, Weber Basin Water Conservancy District, Mountain Regional Water Special Service District, Metropolitan Water District of Salt Lake & Sandy, Jordan Valley Water Conservancy District, Summit County, and World Resources Institute. After another catastrophic wildfire season in the West, it is clear that Utah can no longer put off needed investments to protect our forests and critical sources of drinking water. The consequences of delaying these essential investments grow yearly and the stakes have never been higher. …These fires are a wake-up call. Infrastructure costs should not fall on water ratepayers alone. While Utah water utilities and our partners have made progress in reducing wildfire risks in key watersheds, the wildfire crisis demands even greater levels of collaboration and funding — and both are needed now from Utah’s state Legislature.
WASHINGTON – U.S. Senators Martin Heinrich (D-N.M.) and Tim Sheehy (R-Mont.) introduced the bipartisan Aerial Firefighting Enhancement Act of 2025 to strengthen the aerial wildfire suppression fleet and better combat the year-round threat of catastrophic wildfire. “I have worked to expand the operations of Very Large Air Tankers that have proven absolutely essential to firefighters battling wildfires in New Mexico, Los Angeles, and across the West,” said Heinrich. …“As a former Navy SEAL and the only aerial firefighter in the Senate, I understand government’s most solemn duty is to keep the American people safe,” said Sheehy. The bill reauthorizes the Secretary of Defense’s authority to sell excess Department of Defense aircraft and aircraft parts, acceptable for commercial sale, to persons or entities that contract with the government for the delivery of fire retardant or water by air to suppress wildfires…



…some electric utilities and cooperatives are urging the Senate to seal the deal on the “Fix Our Forests Act” that aims to expedite some federal approvals and reduce wildfire risk overall. The legislation …establishes requirements for managing forests on federal land, including reducing wildfire, expediting certain forest management projects, and implementing forest management projects and activities. …The legislation prohibits courts from immediately halting a project unless they determine that the person suing to stop it “is likely to succeed on the merits” of the case if the lawsuit gets a full hearing. …The National Rural Electric Cooperative Association applauded the bill, arguing it would make it easier for electric cooperatives to reduce the risk of catastrophic wildfires, and called on the Senate to also pass the bill. …Pacific Gas & Electric “supports legislation that would expedite permitting and approvals and reduce barriers to the essential work of keeping powerlines clear of vegetation.”
PIEDMONT TRIAD, N.C. — North Carolina has seen a rising number of wildfires recently, including two here in the Triad just last week. The North Carolina Forest Service is the agency responsible for getting those fires out, but lately it’s been difficult to do so. That’s due to the large number of vacancies across the department. “When we’re the lead agency for wildfire response, this isn’t a forest you want 100 positions consistently unfilled,” Philip Jackson, Public Information Officer for the N.C. Forest Service, said. It’s an issue the agency has been having for some time. “It’s [vacancies] pretty evenly distributed throughout all three regions across the state,” Jackson said. “You’re looking at about 30-35 unfilled positions in all three regions.”




