26 May 21
@metal-brain saidFrom your article:
Trade war with Canada?
Maybe not, but Biden doesn't seem to like free market economics any more than Trump.
https://www.zerohedge.com/markets/lumber-firms-applaud-home-builders-angry-us-moves-double-canadian-lumber-tariffs
"Lumber only makes up 4 percent of the cost of a new home— with near-zero impact on homebuyers," the Lumber Coalition wrote in an opinion article published on Woodworking Network. "The NAHB's claim that import duties cause today’s high lumber prices and therefore drive up the cost of homes is false. Supply and demand, not import duties, cause price fluctuations."
26 May 21
@suzianne saidNot true. That is merely an opinion the Lumber Coalition that is wrong.
From your article:
"Lumber only makes up 4 percent of the cost of a new home— with near-zero impact on homebuyers," the Lumber Coalition wrote in an opinion article published on Woodworking Network. "The NAHB's claim that import duties cause today’s high lumber prices and therefore drive up the cost of homes is false. Supply and demand, not import duties, cause price fluctuations."