Fox Business’ Kelly Sabri explained how tariffs on Canada will affect American wood supply and production.
chairman Donald Trump On Saturday, two executive orders signed, which call the US lumber production immediately to expand and address the threat of wood imports for national security.
The objective of the orders is to update guidance on production, allow, and assess potential risks that imports National security,
A white House The official told Fox News that the President identified a crisis in both supply and demand in one industry, the US should be completely self -sufficient.
The executive order notes that the production of wood, lumbar, paper, bio -organism and other wood products is important for Americans in manufacturing and energy production.
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Stacks of wooden cases in a yard seen in Edmonton, Alberta, Canada on 03 February 2025. (Artur Widak / Nurphoto Getty Images / Getty Images)
In recent disasters, the administration reported, reflects the importance of forest management and forest fire-risk projects.
Officials alleged that biden-era wood and wood policies triggered wildfire and wildlife houses, increasing construction and housing costs.
Falls Church, Virginia, Lumbar piles are seen for sale at a home improvement store on 3 February, 2025. (Through Saul Loaib / AFP Getty Image / Getty Image)
Officials said exporters such as Canada, Germany and Brazil dump wood in American markets at the cost of economic prosperity and national security.
A White House official said that American dependence on imports of these countries has increased by elevenfols in the last 30 years, while the US has abundance of forest resources.
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Agency heads will be asked to approve forestry projects, assess future supplies and improve the speed to reduce administrative approval time.
Falls Church, Virginia, Lumbar piles are seen for sale at a home improvement store on 3 February, 2025. (Through Saul Loaib / AFP Getty Image / Getty Image)
Trump’s directive order Commerce Secretary Howard Lutnik to introduce a national security check in US lumber imports under Section 232 of the Business Extension Act of 1962 – the same law that Trump also used to impose tariffs on global steel and aluminum imports. The investigation should be completed within 270 days.
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The official said that any tariff generated by the investigation would be added to the existing 14.5% joint anti-dumping and canadian softwood wood to be added to the duties.
Reuters contributed to this report.
