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.
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 
OTTAWA — Steve Verheul used to get under the American trade negotiator’s skin. …Eventually, the Americans forged a deal with the Mexicans and Canadians, and in 2018 signed the U.S.-Mexico-Canada Agreement. …Now, as Trump slams Canada and Mexico with new tariffs, Verheul and a pair of trade veterans want to save the USMCA. …Verheul is co-launching the Coalition for North American Trade, a three-nation business group advocating for the long-term benefits of free trade. The CNAT is the brainchild of Kevin Brady, the Republican former chair of the House Ways and Means Committee. …Earlier this year, the trio launched their coalition and today, they’re bringing their pitch to Washington. …But until tariffs disappear, Verheul sees no prospect for productive talks. “I think the only hope is that the impact on the US economy, and the stock market, and various companies is extreme enough to create pushback within the US,” he says.
WASHINGTON — A day into Donald Trump’s North American trade war, the U.S. president remained adamant that tariffs would benefit America even as a key member of his team has floated that a compromise could materialize Wednesday. Trump addressed a joint session of Congress Tuesday night by making a case for his massive tariff agenda. …Ottawa introduced immediate 25% retaliatory tariffs. …Following a second day of sharp decline, U.S. Secretary of Commerce Howard Lutnick said… the government was looking to “work something out” in a deal that could be announced on Wednesday. …Lutnick tied the deal to the Canada-U.S.-Mexico agreement, which was negotiated under the first Trump administration to replace the North American Free Trade Agreement. …Trump also ordered 25% tariffs on all steel and aluminum imports into the United States on March 12… m[and he] signed an executive order to implement “reciprocal tariffs” starting April 2. Other tariff targets include automobiles, copper, lumber and agricultural products.
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.
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.
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 
Lumber prices have risen to their highest level in more than two years on news that U.S. President Donald Trump has ordered an investigation into softwood imports from Canada. The lumber probe is the latest salvo in an escalating trade war between the neighbouring countries. Analysts say that the investigation lays the groundwork for potential new %Tariffs on Canadian lumber, notably softwood imports. …Consequently, lumber futures on the Chicago Mercantile Exchange have risen 3.5% over the past day to trade at $657 U.S. per 1,000 board feet, the highest level since mid-2022. However, while lumber prices are marching higher on the threat of U.S. tariffs, the stocks of Canadian lumber companies are tanking. Shares of Interfor fell 9% while the stock of %Canfor declined 6% in Toronto trading on March 4, the day that the 25% tariffs went into effect.
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. 
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. 
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.
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.