Part 4/9:
Tariffs are viewed as a mechanism to counter perceived unfair advantages held by foreign competitors—particularly Canadian lumber producers benefitting from lower costs associated with harvesting on public lands. Trump’s administration may seek to escalate these tariffs, potentially reaching as high as 25%. While some experts speculate that such threats may be negotiating tactics, imposing higher tariffs is likely to increase the cost of lumber for consumers, effectively acting as a consumer tax.