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President Donald Trump wants to expand American timber production in the nation’s national forests by 25%. A March executive order said cutting more trees will effect the construction and energy industries, but also improve forest management to reduce wildfire risk.
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The supply chain for lumber has been interrupted by COVID-19. In spite of this, demand has not slowed down.
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In a dispute that dates back decades, the Trump administration announced it will levy a tariff on imports of softwood lumber from Canada, which is used primarily in housing construction.