Trump orders tariff probe on lumber, calls for supply boost

Contributing sentiments towards policy:

56% : The probe under Section 232 of the Trade Expansion Act comes days after Trump used the same tool to study copper imports, and after he unveiled tariff hikes on steel and aluminium products.
48% : Trump signed a second executive order on yesterday aimed at increasing US timber production, with the aim of lowering construction and housing costs.
40% : Trump signed an executive order instructing Commerce Secretary Howard Lutnick to start an investigation "to determine the effects on the national security of imports of timber, lumber, and their derivative products.
36% : Since returning to the White House in January, Trump has announced - and halted - steep duties on Canada and Mexico, and threatened reciprocal levies that could hit both friend and foe. - AFP
34% : "Tariffs on lumber and other building materials increase the cost of construction and discourage new development," National Association of Home Builders chairman Carl Harris said after Trump announced possible levies on Canada and Mexico.
31% : Speaking to reporters ahead of the announcement, a White House official criticised "bad actors" globally who develop "massive overcapacity" with the help of government subsidies.

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