Sawmill Execs: Wild Wood Prices Ahead
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Executives at two of North America's lumber producers said they are bracing for volatile wood prices this building season before sharply higher U.S. duties on Canadian lumber kick in. Despite President Trump's threats, his April 2 tariff barrage didn't hit Canadian lumber. Canfor and Interfor executives told investors Friday that they're not sure there won't also be additional levies tied to Trump's March 1 order for an investigation into the national security threat of imported wood.