The US is now collecting tariffs on imported timber, lumber, kitchen cabinets, bathroom vanities and upholstered furniture, duties that threaten to raise the cost of renovations and deter new home purchases. …Trump described his wood and furniture tariffs as helping to “strengthen supply chains… and increase domestic capacity utilization for wood products.” Yet economists and homebuilders have warned they also could create obstacles to another of Trump’s goals: boosting homebuilding and sales. Trump has for months cajoled Federal Reserve Chair Jerome Powell to lower rates in part to boost home affordability, but critics say the new tariffs could more than offset any gains from lower mortgage and lending costs. Roughly 7% of all goods used in new residential construction come from foreign suppliers, according to the NAHB. Even without new import taxes, the group has said the cost of building materials has risen by 34% since Dec. 2020. [to access the full story a Bloomberg subscription is required]
Related in the Associated Free Press: Trump tariffs on timber, furniture take effect
The Forest Products Association of Canada (FPAC) is extremely frustrated and deeply concerned by the U.S. government’s decision to impose Section 232 tariffs on Canadian softwood lumber and derivative products. These unjustified measures, which take effect today, threaten the livelihoods of more than 200,000 Canadians and the stability of hundreds of towns and cities that rely on a strong forest sector. “For eight years, forest workers and communities across Canada have borne the brunt of increasing duties—now exceeding 45 percent with the addition of these new tariffs,” said Derek Nighbor, President and CEO of FPAC. “These are punitive, protectionist measures with no basis in fact. They ignore decades of evidence that Canadian lumber strengthens, rather than threatens, U.S. national security and economic resilience.” Targeting responsibly managed, sustainably sourced Canadian wood products under the pretense of national security is both unjustified and deeply damaging. These actions undermine one of the most integrated, mutually beneficial trade relationships in the world, increasing costs for American families and homebuilders while jeopardising Canadian mills and workers.
President Trump has warned of disaster if the Supreme Court overturns his signature tariffs. For starters, it would unleash a bureaucratic nightmare involving reams of refund paper checks. Should the court uphold a US Court of Appeals ruling that Trump’s country-based tariffs are illegal, the government could owe the bulk of the $165 billion in duties collected so far this fiscal year back to companies that paid them. But they won’t have an easy time getting their money back; refunds are typically issued slowly and while the administration could streamline the process, experts fear that’s unlikely. …That means Trump likely won’t part with the funds easily if the tariffs are struck down, and the administration is expected to move quickly to reimpose levies using other legal authorities if that happens. The Supreme Court is expected to hear arguments in November in the case.
Prime Minister Mark Carney said Canadian and American officials are currently “negotiating terms” of a deal on tariffs a day after he met with the U.S. president to try and bring the trade war to a close — and Canada will come out ahead when the two sides come to an agreement. Speaking in question period … about what he accomplished out of his Oval Office sit-down with U.S. President Donald Trump, Carney said Canada already “has the best deal with the Americans” — most products are still being sold into the U.S. tariff-free despite Trump’s trade action — and “we will get an even better deal.” …Conservative Leader Pierre Poilievre said Carney “pathetically” offered up “a trillion-dollar gift” to Trump when speaking with the president, and it was an instance of him “bowing before the president in weakness.” …Daniel Smith said Carney is developing a rapport with the president…
WASHINGTON — Prime Minister Carney is set to return to Ottawa today with no deals to remove US tariffs from Canadian goods, but he’s leaving his key minister on Canada-US trade behind to keep pressing the Canadian case. US President Trump lavished praise on Carney during a meeting in the Oval Office on Tuesday and said the prime minister would walk away “very happy.” The president showed no signs of relenting on tariffs, however, and no deal was announced. Carney was scheduled to have a working breakfast this morning with Joshua Bolten, CEO of the Business Roundtable, while Foreign Affairs Minister Anita Anand was set to meet with Secretary of State Marco Rubio. Canada-US Trade Minister Dominic LeBlanc will be staying behind in Washington. LeBlanc told reporters Tuesday that substantial progress was made in the White House talks this week.
TORONTO – United Steelworkers union National Director Marty Warren issued the following statement as Prime Minister Mark Carney travels to Washington, D.C., to meet with US President Trump. …“Canada’s softwood lumber industry is on the brink of collapse. Thousands of workers and entire communities are hanging by a thread while Trump’s tariffs deindustrialize our economy and threaten good jobs across the country. We need urgent action – not more concessions. If free and fair trade in strategic sectors cannot be restored, the federal government must be ready to retaliate and take all necessary measures to protect the integrity of Canadian industrial production and employment. …We cannot allow foreign producers to use Canada as a back door for cheap, dirty, or diverted imports. …If Washington wants access to our market, it must come with respect for fair trade and for the workers who keep our economy running.”
The Canadian Lumber Trade Alliance (CLTA) issued the following statement. …Luc Theriault, President, Wood Products at Domtar and Co-Chair of the Canadian Lumber Trade Alliance, said “The U.S. government’s decision to impose a further 10% tariff – on top of existing duties of 35% – is disappointing. These measures unjustly punish Canadian producers, while also driving up costs for our neighbors in the US.” …“Canadian lumber does not pose a national security risk to the United States. Our industry directly supports 200,000 jobs and sustains over 300 forest-dependent communities across Canada. We will continue to work closely with the Government of Canada to defend against these unfortunate trade actions and to safeguard Canadian forestry jobs.” …In its recent Section 232 proclamation, the US signaled a willingness to pursue negotiations. The Canadian industry is ready to engage. It is essential that the Government of Canada match this commitment and play an active role in defending our industry.
PRINCE GEORGE – Prime Minister Mark Carney met with President Donald Trump to discuss the connection between energy cooperation and support for Canada’s steel and aluminum industries. However, this meeting raised some eyebrows among forestry industry leaders, who wondered why softwood was left out of the conversation. Brink Forest Products owner John Brink believes that the omission of softwood tariffs in discussions with the president is yet another setback for an already struggling sector. MLA Kiel Giddens also voiced his disappointment that softwood lumber was left off the agenda, especially since forestry ranks among Canada’s leading employers. Brink notes that wood manufacturing plants are still shutting down across the province, and he believes the West must unite to send a strong message to Ottawa. 
Plans to institute an “extended maintenance shutdown” of the Interfor lumber mill in Grand Forks is not a permanent shutdown, according to the company. On Sept. 4 Interfor Corporation announced plans to reduce its lumber production by approximately 145 million board feet at all operations between September and December of 2025, representing approximately 12 per cent of its normal output. The temporary curtailments will be through a combination of reduced operating hours, prolonged holiday breaks, reconfigured shifting schedules and extended maintenance shut-downs. The curtailments are expected to impact all of Interfor’s operating regions, with both the Canadian and U.S. operations expected to reduce their production levels by approximately 12 per cent each. “The curtailments are in response to persistently weak market conditions and ongoing economic uncertainty,” read a statement from the company.
ONTARIO — Upper levels of government have reached funding agreements to support the Town of Kapuskasing’s Paper Mill, averting a planned closure and providing what local leaders are calling “a critical step” toward securing the region’s economic future. Kap Paper announced the newfound support in a social media post on Friday evening. “Next week, we’ll be working out the details for a restart plan,” the post said, adding that updates would be shared “as soon as everything is confirmed.” Kapuskasing Mayor Dave Plourde, called the deal a “critical step forward for Kapuskasing and the entire region,” in a statement posted to the town’s social media page. …“We now have a second chance – a window of opportunity to come together, calmly and deliberately, to build a plan for modernization and long-term competitiveness,” said Plourde …“Today, I am pleased to confirm that both the federal and provincial governments have agreed to provide support.”
Companies reliant on New Brunswick’s softwood lumber industry are bracing for hard times after US President Trump announced new tariffs on Sept. 30. …In a letter to Prime Minister Mark Carney, New Brunswick Premier Susan Holt pleaded for the federal government to make softwood lumber tariffs a top priority. “In some communities in New Brunswick, one in every 11 workers depends directly on forest products,” Holt wrote. …Ron Marcolin, the New Brunswick vice-president with Canadian Manufacturers and Exporters, said the latest tariffs and duties are a big deal in a long-running drama over softwood lumber. …While New Brunswick may largely rely on the American market, Marcolin said Americans also rely on New Brunswick’s products. …”The thing is, too, they realize their product is inferior. Their softwood lumber is not as good as a Canadian stick of lumber.”
The Trump administration and its advocates have long sold tariffs as a smart and necessary way to reindustrialize the country, bolster national security, and revitalize the economy more broadly. In practice, however, they put tariffs on cabinets and sofas for “national security” reasons, exempt others because of potential political blowback, and do all sorts of other things that likely undermine the economic and security objectives the administration says its tariffs are achieving. And they do it all with little regard for the facts, economics, or law. Throw in some foolish nostalgia (contra the president, furniture manufacturing is today a tiny share of North Carolina’s economy and workforce), and the furniture tariffs make for an almost-perfect example of the canyon between protectionist rhetoric and US tariff reality. The only thing preventing perfection is that there isn’t a “national emergency” or fake “fiscal crisis” attached.
From October 14, wooden furniture exported to the United States will continue to be subject to a new import tariff of up to 25 percent. This has come as a “shock” at a time when enterprises are accelerating production, raising concerns over the feasibility of maintaining Vietnam’s 2025 wood export targets. In the long term, aside from adapting to frequently changing tariff policies, enterprises in the wood industry are working to improve product quality. Expanding markets and building the Vietnamese wood brand are considered key solutions for the sector’s sustainable development. On September 29, U.S. President Donald Trump signed a decree imposing a 25 percent tariff on wooden furniture, effective from October 14. The tariff rate may increase to 50 percent for dressing tables and kitchen cabinets, and 30 percent for upholstered products early next year. This move is regarded as a “shock” to Vietnam’s wood industry.
The European Commission proposed preliminary antidumping duties on imports of softwood plywood from Brazil, following an investigation launched 
On 31 July 2025, Metsä Group announced it would launch the planning of a EUR 300 million cost savings and profit improvement programme. Planning is now complete, and Metsä Group will initiate statutory negotiations concerning its personnel as part of it. “Our profitability has been undermined by three factors. First, increased uncertainties in global trade have reduced demand for our products. Second, changes in exchange rates have weakened our result and will continue to do so. Third, the increase in raw material costs and the general cost level has eroded our profitability,” says Jussi Vanhanen, President and CEO of Metsä Group. …According to preliminary assessments, the planned measures may lead to a permanent reduction of 800 permanent jobs. A significant share – 540 jobs – are expected to be in Finland. In addition to redundancies, the planned changes may lead to changes in duties.