Throughout the pandemic, contractors throughout the US saw lumber prices skyrocket for a variety of different reasons, including a huge increase in DIY and home remodeling projects, sawmill shut downs, and wildfires. In September, there wasn’t a lot of positivity about the situation getting better any time soon, but prices have slowly started to come back down to earth since then – though still much higher than normal.
Read moreTrump Imposes Tariffs up to 24% on Canadian Softwood Lumber
Softwood lumber, often used for structural framing and decking, among other uses, may be seeing a price increase in the US in the near future. On Monday, the U.S. Department of Commerce (DOC) has announced that they will be imposing tariffs of up to 24% on all softwood lumber imported from Canada.
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