Trump orders probe into alleged dumping of lumber in US market

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The story "Trump orders probe into alleged dumping of lumber in US market" was covered 1 days ago by Financial Times, a news publisher based in United States.

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Financial Times 1d ago

Trump orders probe into alleged dumping of lumber in US market - Financial Times

Quick Summary:

The dispute hinges on the Canadian forestry industry’s practice of sourcing wood from Crown land, or parks run by the provinces, so production and administration costs are lower than for US forestry companies who rely on private land.

On Tuesday he announced an investigation into imports of copper, sparking fears that the metal would be the next sector slapped with tariffs.

Since becoming president, Trump has repeatedly raised the issue and threatened tariffs on wood imports.