Volatile lumber prices have been causing uncertainty for construction businesses. In April 2025, the price of softwood lumber was 23% higher than the previous year. Lumber futures in the first quarter of 2025 have also surged on fears of higher duties as well as sawmill closures across North America. That has impacted some of the U.S. biggest homebuilders like Lennar, D.R. Horton and Toll Brothers all, which suffered declines in their stocks during the spring. But while lumber escaped the latest round of tariffs they are on the radar of the Trump administration. Canada accounts for about 85% of all U.S. softwood lumber imports and represents almost a quarter of U.S. supply.
 
波动的木材价格让建筑行业充满不确定性。2025年4月,软木木材的价格比去年上涨了23%。2025年第一季度,木材期货也因为担心更高的关税以及北美各地的锯木厂关闭而暴涨。这对美国一些最大的住宅建筑商,如Lennar、D.R. Horton和Toll Brothers,产生了影响,它们的股票在春季期间出现下跌。尽管木材没有逃过最新一轮的关税,但它依然是特朗普政府关注的对象。加拿大大约占美国软木木材进口的85%,几乎占美国供应的四分之一。