Lumber futures prices are trading higher after President Trump slapped a 10% tariff on wood imports in a Monday night executive order that cited national security. Lumber prices have been on a ...

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 ...

Lumber futures hit their highest price in three years Friday despite a home-building slump and a lackluster remodeling market. Though wood demand is tepid, traders are pricing in dramatically higher ...

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 ...

Lumber is a critical industrial commodity, as it is an essential ingredient in the construction of new homes and infrastructure. Lumber futures are traded on the Chicago Mercantile Exchange. However, ...

Wood prices have plunged 23% since early August and lumber mills are cutting back due to a building slump and uncertainty over tariffs, in a signal of potential problems in the U.S. economy, The Wall ...

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 ...

Falling lumber prices suggest there is trouble ahead for the struggling U.S. housing market, as builders scale back new construction because of a recent inventory glut and growing economic uncertainty ...

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 ...

Lumber prices are so weak that Beckerle Lumber, a New York-based retailer, can now get next-day deliveries from its distributor at a lower cost than its usual bulk orders from mills, which take weeks ...