U.S. tariff threats on Canadian lumber spark panic buying, risking shortages and price hikes.

Threats of U.S. tariffs on Canadian lumber imports are causing fears of panic buying, potentially disrupting the lumber market and raising prices. Canadian lumber companies are warning they may increase prices by 25% to cover the tariffs, leading American buyers to stockpile inventory ahead of potential price hikes. This uncertainty could result in shortages and job losses in the U.S. lumber industry.

January 13, 2025
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