Gradually getting people used to living off the government, making it palatable for more and more of the population as time goes on....preparing the nation as a whole for when the implement full on socialism.
www.woodworkingnetwork.com
Department of Commerce to impose Tariffs on CDN lumber. Good move for US timber? Bad timing?
Lumber firms applaud, home builders angry as U.S. moves to double Canadian lumber tariffs | Woodworking Network
The U.S. Department of Commerce says it will seek to double tariff rates on most Canadian softwood lumber, angering home builders.
It's an increase in tariffs, not the initial imposition. Previous administration put on a 20% tariff on in 2017, then reduced it to 9% in December 2020. So we had 6 months of 9% tariffs and still have a lumber shortage and higher prices. It is disingenuous to say tariffs "cause" anything or even to predict some impact. We have been fighting with Canada over lumber for 40years. Hard to think this is a the-sky-is-falling moment.Department of Commerce to impose Tariffs on CDN lumber. Good move for US timber? Bad timing?
Lumber firms applaud, home builders angry as U.S. moves to double Canadian lumber tariffs | Woodworking Network
The U.S. Department of Commerce says it will seek to double tariff rates on most Canadian softwood lumber, angering home builders.
Great plan. Material shortages and high demand have prices sky high. Putting extra tariffs on imports is a great way to bring retail prices down.Department of Commerce to impose Tariffs on CDN lumber. Good move for US timber? Bad timing?
Lumber firms applaud, home builders angry as U.S. moves to double Canadian lumber tariffs | Woodworking Network
The U.S. Department of Commerce says it will seek to double tariff rates on most Canadian softwood lumber, angering home builders.
Or invest in U S mills.Canada will pay for the tariff.
www.bloomberg.com
A tangled web we weave.Or invest in U S mills.
Canadian Lumber Producers to Expand U.S. Mills Amid Home Boom
North American lumber companies plan to ramp up production by expanding existing mills as strong home construction fuels the need for more wood.
www.montanabusinessquarterly.com
www.ktvh.com
"Three letter word. J O B S."
www.solarreviews.com
Canada will pay for the tariff.
www.lesprom.com
She lost me when she cited Roosevelt as president in the 50's.Interesting conversation that covers a lot of the issues. One issue that I had considered mentioning earlier but didn't have any good information on was the the current Canadian/ US exchange rate.
There will be new bottom lumber price and 15 years of very robust building
Keta Kosman, Publisher of Madison’s Lumber Reporter, monitors lumber prices every day. She thinks we are in a new era for the economy. In the 1950s, there was much infrastructure building, it was all a huge boom for the economy for two decades. We're in a similar situation right now, she says...
"I note that the exchange rate is extremely important for Canadian exporters. It is a very big deal for sawmills because they sell in U.S. dollars and their costs are in Canadian dollars. Economics works best when the Canadian dollar is $0.75. Right now the Canadian dollar is US$0.83, which is more important than an 8% duty."
This?
I was half joking. Agree. It was the post-war housing boom that drove lumber, not the Roosevelt-era infrastructure programs from the late 30's. Lumber value chain is a convoluted mess. Apparently there are plenty of logs, button not enough saws. Even regionally the problem can be different and there a bunch of intermediaries in the process. If you want lumber prices to fall, increase interest rates 100bps. Fed needs to stop its $120B/mo in purchases. Using unemployment as justification is comical. There are less than 10m people unemployed.
Agree that the current interest rates are fueling most of this reckless behavior. It will catch up to us eventually. Won't be pretty when it does.
I need to replace five 2"x10"x 18' planks on my car trailer. Menards wanted $87.00 each for them. Plain jane untreated pine, WTH?
