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Feb 7, 2025

How To Save Money on a Home Remodel — In Case Trump’s Tariffs Kick In

Real Estate News & Insights
The tariffs might become an added issue for the housing market as Canada is one of the world’s largest producers and exporters of softwood lumber. “In 2023, the U.S. imported 28.1 million cubic meters of softwood lumber from Canada, primarily for residential and commercial construction,” said Rajan Parajuli, an associate professor of forest economics and policy at NC State University.

Feb 6, 2025

Trump Tariffs Could Nearly Triple Lumber Costs, Raising Housing Concerns

Newsweek
"Up to 30 percent of softwood lumber consumed in the U.S. each year comes from Canada. A small portion of the total market share is captured by other countries," Rajan Parajuli, an associate professor of forest economics and policy at NC State University, said in a recent article.

Feb 5, 2025

Donald Trump’s Proposed Tariffs Risk $29,000 Rise in US Home Building Costs

Business Standard
“I don’t think overnight or even in a month, even a year, we can replace Canadian lumber coming to the US,” said Rajan Parajuli, an associate professor of forest economics and policy at North Carolina State University.

Feb 4, 2025

Trump Tariffs Risk $29,000 Rise in US Home Building Costs

Bloomberg News
Trump said at the World Economic Forum last month that the U.S. doesn’t “need their lumber because we have our own forests.” Those are largely concentrated in the southern U.S., which has already been expanding production in recent years, and in the Pacific Northwest, said Rajan Parajuli, an associate professor of forest economics and policy at North Carolina State University.

Close-up of copper wolf statue - Martin Hubbe Awarded 2023 Gunnar Nicholson Gold Medal Award - College of Natural Resources News NC State University

Feb 4, 2025

Tony Rosselli Named Director of Golf Management Program

Tony Rosselli has served as the program's internship coordinator and director of player development since 2021.

Feb 3, 2025

Can Roofing Survive Unscathed In The Coming Trade War?

Roofing Contractor Magazine
"Tariffs unequivocally work towards pushing domestic lumber prices higher," noted Rajan Parajuli, an associate professor of forest economics at NC State University, in an analysis of the levies' impacts on construction materials.

Feb 3, 2025

Trump Has ‘All the Trees’ – Can He Fix America’s Housing Crisis?

Wood Central
“Tariffs unequivocally work to push up lumber prices, (and) when that happens, it usually adds up to higher prices for consumers,” according to Rajan Parajuli, an associate professor of forest economics and policy at North Carolina State University.

Feb 3, 2025

Trump: “US Doesn’t Need Canadian Timber”

Forest Machine Magazine
Restricting imported lumber leads to inflated costs for American buyers rather than bolstering the domestic industry, according to NC State professor Rajan Parajuli.

Feb 3, 2025

Trump Says the US Doesn’t Need Canada’s Lumber, Now There’s 25% Tariff

Timberbiz
Rajan Parajuli, a professor of forest economics and policy at North Carolina State University, noted: “The losers always will be the consumers with the limited benefit for the domestic producers.”

Feb 3, 2025

Trump’s Tariff Threats On Canada, Mexico Will Be “Very Bad For US, World.” How Will It Impact American Economy?

The Economic Times
About one-third of softwood lumber used in the U.S. is imported from Canada each year, according to Rajan Parajuli, an associate professor of forest economics and policy at North Carolina State University.