Fate of Trump's Timber Tariffs
The fate of Trump's timber tariffs hinges on the Douglas fir forests in the Pacific Northwest, central to his bid to halt wood imports.
The tariffs, which took effect Tuesday, aim to reduce the US reliance on foreign lumber. According to Sara Duncan, communications director for the Oregon Forest Industries Council,
Oregon and Washington would absolutely play a significant roleif the federal government gets serious about reducing imported wood.
- 10 percent tariff on imported wood and timber
- 25 percent tariffs on finished products, such as upholstered furniture and kitchen cabinets
Analysts say the tariffs will make houses more expensive to build, at least in the short term.
Author's summary: Trump's timber tariffs rely on Pacific Northwest forests.
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