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.