Trump directs Lutnick to investigate US lumber imports– www.washingtonexaminer.com
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Excerpt:
President Donald Trump signed an executive order on Saturday that orders an investigation into U.S. imports of wood products, an industry that the president sees as “essential to the national security, economic strength, and industrial resilience” of the United States.
The order directs Commerce Secretary Howard Lutnick to lead an investigation into the national security implications of the U.S.’s current imports of timber, lumber, and manufactured wood products. This will include looking into demand for timber and lumber in the U.S., if domestic production can meet domestic demand, the significance of major foreign exporters in meeting U.S. demand, as well as any predatory trade practices that affect the U.S.’s competitiveness in the industry.
A report on this that details these potential national security concerns and includes policy recommendations such as tariffs, which Trump has floated on lumber as recently as mid-February, will be due by late November.
