Why higher tariffs on Canadian lumber may not be enough to stimulate long-term investments in US forestry
- Written by Andrew Muhammad, Professor of Agriculture and Resource Economics, University of Tennessee
Canadian lumber waits for shipment in a sawmill's yard.Andrej Ivanov/Getty ImagesLumber, especially softwood lumber like pine and spruce, is critical to U.S. home construction. Its availability and price directly affect housing costs and broader economic activity in the building sector. The U.S. imports about 40% of the softwood lumber the nation...
