startquestionstalksour storystories
tagspreviousget in touchlatest

Trump Takes Steps to Boost Domestic Lumber Production and Limit Imports

March 2, 2025 - 06:56

Trump Takes Steps to Boost Domestic Lumber Production and Limit Imports

In a significant move to enhance domestic lumber supplies, President Donald Trump has signed two key actions aimed at increasing production while addressing concerns over wood imports. The directive instructs the Commerce Department to conduct an investigation into the potential threats that lumber imports may pose to national security.

The administration's strategy focuses on streamlining the permitting process to facilitate the salvage of more wood from forests. Additionally, it seeks to broaden the range of wood products available for sale in the domestic market. A senior official from the White House, who chose to remain anonymous, provided insights into the actions during a conference call with reporters.

Furthermore, Trump has hinted at the possibility of imposing a 25% tariff on lumber imports, a measure that could significantly impact the pricing and availability of imported wood. These initiatives reflect the administration's commitment to bolstering the domestic lumber industry while addressing trade concerns.


MORE NEWS

Hana Financial Group Seeks ‘Balanced Growth’ With Non-Bank Turnaround

February 2, 2026 - 10:07

Hana Financial Group Seeks ‘Balanced Growth’ With Non-Bank Turnaround

Hana Financial Group has announced a strategic pivot for the coming year, prioritizing a turnaround at its non-banking affiliates to achieve what it terms `balanced growth.` This move signals a...

I’m a 66-year-old retired homeowner in Fort Worth, sitting on $143,000 in cash. What should I do with my money?

February 1, 2026 - 19:29

I’m a 66-year-old retired homeowner in Fort Worth, sitting on $143,000 in cash. What should I do with my money?

A retired homeowner in Fort Worth, aged 66, is thoughtfully considering the next steps for a substantial $143,000 cash reserve. This scenario highlights a common and crucial crossroads for many...

Bitcoin Retreats Below $80,000 as Market Sees Influx of New Investors

February 1, 2026 - 05:33

Bitcoin Retreats Below $80,000 as Market Sees Influx of New Investors

The price of Bitcoin has fallen below the psychologically significant $80,000 threshold, introducing a note of caution into the recent bullish market sentiment. This dip represents a period of...

Is Pathward Financial (CASH) Still Attractively Priced After Strong Recent Share Price Gains

January 31, 2026 - 06:28

Is Pathward Financial (CASH) Still Attractively Priced After Strong Recent Share Price Gains

Investors are closely examining Pathward Financial`s stock valuation after a period of significant share price appreciation. The financial services provider has delivered robust returns across...

read all news
startquestionstalksour storystories

Copyright © 2026 PayTaxo.com

Founded by: Yasmin McGee

tagseditor's choicepreviousget in touchlatest
your datacookie settingsuser agreement