Lumber buyers placed unsuccessful bets on tariffs and interest rates Lumber prices have dropped by more than 14% from a record high in early August. Many home builders, contractors and retailers ...
President Trump’s 10% tariff on lumber imports takes effect today, and futures prices are continuing their recent climb from ...
Shares just hit a new two-year low and have a 100% “Sell” opinion from Barchart. ・UFPI stock is trading below all of its key ...
Lumber futures fell again Wednesday, dropping to their lowest prices since last autumn, before higher duties on Canadian imports and the threat of tariffs sent them soaring. Futures for September ...
President Donald Trump's tariffs have caused a rise in lumber prices, which homebuilders have warned will increase construction costs and translate into more expensive housing for U.S. consumers.
When the Trump administration more than doubled import fees on Canadian softwood lumber earlier this year, the goal was to support domestic prices and boost U.S. production. Instead, prices have ...
Another day, another tariff announcement from the White House. This time, it’s a 10% import tax on softwood lumber and timber. It’ll go into effect mid-October, at the same time as the 25% tariffs ...
Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports would boost the cost of lumber, while lower interest rates would lift demand for the building material. But ...