12-16-24, 09:10 AM
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#10782
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Lucky Jack 
Join Date: Jun 2005
Location: In a 1954 Buick.
Posts: 28,293
Downloads: 90
Uploads: 0
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Quote:
Originally Posted by Dargo
The U.S. imports 80% of softwood lumber from Canada. Congratulations, the cost of building on January 20, 2025 will be up by 25%.  The last time Trump put tariffs on Canadian softwood, plywood went up 200% per sheet. Canada is the largest foreign supplier of energy to the U.S. Tariffs on oil, natural gas, or electricity means increase costs for U.S. consumers and businesses, especially during the Winter months. Canada exports 3.2 trillion cubic feet of natural gas and 1.4 billion barrels of oil to the US. 2018 tariff on China, China retaliated with a tariff, this was about grain/soybeans. China went to Canada for grain and South Africa for soybeans, devastating US farmers and cost the US 10s of billions in loses. |
Are you sure it was the tariff during Trumps first term? The price of building materials for homes skyrocketed with COVID.
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“You're painfully alive in a drugged and dying culture.”
― Richard Yates, Revolutionary Road
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