US Lumber Coalition and American Loggers Council Disappointed by CNBC Inaccurate Reporting on US Softwood Lumber Cost, Import Duties and Housing Affordability

The US Lumber Coalition
May 22, 2025
Category: Business & Politics
Region: Canada, United States

“The coverage by CNBC entitled ‘Why The U.S. Might Increase Duties On Canadian Lumber Again‘ is disappointingly one-sided reporting from a business news network. The claims made in the piece asserting that lumber price volatility and import duties on lumber are pricing consumers out of the market are false,” stated Andrew Miller, Chair of the US Lumber Coalition. The reporting included views of Canadian analysts and US homebuilding representatives but, crucially, did not include input from US lumber producers nor US loggers. “Lumber accounts for a very small share of the sales price of a newly constructed home, typically 1%-2%.” …”Commodities other than lumber have seen much larger price increases, including building materials such as iron & steel & concrete,” stated Zoltan van Heyningen, Executive Director. …”We support President Trump’s plan to further increase the supply of Made in the U.S.A. softwood lumber to build U.S. homes,” concluded Miller.

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