Lockdowns, tariffs, and other market interventions made wood an expensive commodity.
The Commerce Department is planning to hike tariffs on Canadian lumber from about 9 percent to more than 18 percent.
American consumers are bearing nearly 93 percent of the costs of the tariffs applied to Chinese goods, according to Moody's Investors Service.
Monday's announcement of a truce in the conflict is good. Peace would be better. Biden should drop Trump's steel tariffs.
Trump imposed huge tariffs on imported steel and Biden is keeping them in place even as American businesses beg for relief.
Disruptions to trade are bad for the world, whether you can see them or not.
The president's approach to immigration, trade, and industry may sound familiar.
The announcement signals a possible deescalation in the transatlantic trade war and raises hopes for a U.S.-U.K. trade agreement.
Trump's trade policies caused "a lot of disruption and consternation," Tai said at one point during Thursday's hearing. "I want to accomplish similar goals in a more effective process."
Biden's new trade representative should outline a plan to remove the economically nonsensical and politically pointless tariffs on European steel and aluminum in order to deescalate this costly conflict.
Further evidence that tariffs simply don't make sense as trade policy. President Joe Biden should take note.
Reimplementing 10 percent tariffs on aluminum imported from the United Arab Emirates for vacuous national security reasons only entrenches executive authority over trade.
Biden should repeal Trump's food taxes immediately.
Biden is seeking unity, but bipartisan agreement on bad policy is nothing to cheer for.
Five reasons why Trump's trade war didn't go the way he thought it would.
Trump's Tariffs Made D.C. Swampier as Senators, Lobbyists Sought Special Favors for Connected Companies
Sen. Josh Hawley, a supporter of Trump's trade policies, lobbied to give a special exemption to a Missouri-based power tools manufacturer. Many other elected officials did too.
American farmers and consumers deserve freer trade.
If Trump loses his bid for re-election, it will be because Rust Belt voters abandoned him after four years of misguided economic policies.
The E.U. is considering levying $4 billion in new tariffs on American goods, with alcohol likely to be one of the targets.
There's an easier way to lessen the impact of retaliatory agriculture tariffs: repeal our own
Too bad Biden's position isn't as good as Pence makes it sound.
When it comes to limiting the size and scope of government and protecting individual liberties, America's 45th president has been actively malign.
The lawsuits have been filed over the past two weeks by several major American companies, including retailers Target and Home Depot, car manufacturers Tesla and Ford, and several major manufacturing firms.
Trump's farm bailouts have cost taxpayers more than $28 billion already, and he just announced another $14 billion in payments as part of his reelection pitch to farm-heavy states.
First the Trump administration told us aluminum imported from Canada was a national security threat. Then it suddenly decided it's not a big deal.
Whether Biden or Trump wins this November, we're in for big, unaffordable government. How much bigger and how unaffordable are the only real questions.
A Wisconsin business owner who spoke about losing business to China ended up inadvertently undermining the administration's argument for protectionism.
Thanks to a paradoxical Trump bump, nearly 90 percent of both Democrats and Republicans now say they support international trade.
In Convention Speech, Mike Pence Said Joe Biden Will Repeal Trump's Tariffs. If Only That Were True.
Unfortunately, Biden has carefully avoided committing to changing much of anything about Trump's trade policies.
The last time an incumbent president was defeated, the fact that he'd raised taxes on Americans played a major role. Trump's done the same thing, but the DNC didn't talk about it.
Trump's trade war with China has been an outright failure. It shouldn't be too much to expect Biden to be able to say so.
One month after signing a signature trade deal with Canada (and Mexico), Trump just launched an unnecessary and counterproductive new trade war against America's northern neighbor.
Cheese shop owner Jill Erber on why she's keeping her store open to take care of her customers and her community
Biden says he'll oppose attempts to repeal the Jones Act and will push for tighter "Buy American" policies that hike the price of infrastructure projects.
Protectionism is now infecting the GOP to a degree that may be difficult to eradicate when the Trump era ends.
Abolishing tariffs would have short- and long-term benefits for the economy.
The deal will affect more than $1 trillion in annual trade between the U.S. and its two neighbors.
Just days before the new North American trade deal is set to take effect, the Trump administration reminds everyone that it prefers protectionism to free trade.
For two years, the president and his defenders have stubbornly claimed, contra both theory and evidence, that the duties are absorbed by China and other exporters.
In a new book, former White House national security advisor John Bolton says Trump's trade deal negotiations with Chinese President Xi Jinping "commingled the personal and the national."
That's probably because those goals were always completely unrealistic. Less than six months after the deal was signed, it's already coming apart.
Sen. Chuck Grassley says it's dead because lawmakers feared upsetting the president.
In a Senate floor speech Wednesday, Hawley outlined a half-baked plan to tear down global trade. It's aimed at winning elections, not helping America prosper.