Unstable timber prices have caused uncertainty in the construction business. In April 2025, the prices of coniferous wood were 23% higher than the previous year. Lumber futures in the first quarter of 2025 skyrocketed for fear of higher obligations, similar to sawmillet closures across North America. But they are on the Trump administration’s radar while the timber is fleeing the latest tariffs. Canada accounts for about 85% of all US softwood imports, accounting for almost a quarter of US supply.
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Wednesday, May 21, 20257:59am EDT