Trump doubles down on tariff benefits, as his Commerce Secretary Lutnick says a compromise is possible. Notable reactions include:
- FPAC’s Derek Nighbor: US tariffs on Canadian exports breaks terms of USMCA
- NAHB’s Buddy Hughes: Warn of rising building costs as Trump’s tariffs take effect
- AF&PA’s Heidi Brock: Fears disruption of industry’s cross-border supply chains
- US Economist Paul Krugman: Trump tariffs are profoundly self-destructive
Meanwhile: BC forecasts tough times ahead, as industry fears economic fallout; tariffs could untangle Maine’s ties with Canada; US construction is bracing for a cost surge; Los Angeles’ rebuild will now cost more; and China moves to halt US log imports.
In Forestry news: meet Tom Schultz—the new US Forest Service chief; Trump’s logging order is challenged by firings; investment uncertainty, and by timber supply; Washington State’s commissioner has a new forest plan; and climate change’s clearcutting problem.
Finally, this isn’t America’s first rodeo with a trade war. How’d it go in the past?
Kelly McCloskey, Tree Frog News