Trump orders immediate expansion of US timber production


To achieve streamlined permitting, the executive order says relevant agencies “shall take all necessary and appropriate steps consistent with applicable law to suspend, revise, or rescind all existing regulations, orders, guidance documents, policies, settlements, consent orders, and other agency actions that impose an undue burden on timber production.”

The president’s order notes that “heavy-handed Federal policies have prevented full utilization of these resources and made us reliant on foreign producers. Our inability to fully exploit our domestic timber supply has impeded the creation of jobs and prosperity, contributed to wildfire disasters, degraded fish and wildlife habitats, increased the cost of construction and energy, and threatened our economic security…It is vital that we reverse these policies and increase domestic timber production to protect our national and economic security.”

The president issued a second executive order Saturday which calls for an investigation on the “national security risks associated with imports of timber, lumber, and their derivative products.”

In his first day in office, Trump issued an executive order calling for emergency price relief to “lower the cost of housing and expand housing supply.”

On Jan. 31, Trump said he would place tariffs on goods from Canada, Mexico and China, including hardware and lumber imports, prompting the National Association of Homebuilders to ask for tariff exemptions on building materials. Trump paused those initial tariffs on Mexico and Canada but has since announced tariffs on steel and aluminum imports and issued a memo on “reciprocal” tariffs.

Read: Updated list of all Trump’s actions that impact housing



Source link

  • Related Posts

    Broker Spotlight: The Agency Port Townsend

    Find out how this four-broker leadership team combines their decades of experience with a philosophy that prioritizes personalized support and exceptional service. Source link

    HC directs YEIDA to take over and finish Jaypee projects on SDZ land, ET RealEstate

    NOIDA: The Allahabad high court has upheld Yamuna Expressway Industrial Development Authority‘s (YEIDA) decision to cancel the allotment of 1,000 hectares of special development zone land to Jaiprakash Associates Ltd.…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Funding for Flinders Island Airport

    Funding for Flinders Island Airport

    Broker Spotlight: The Agency Port Townsend

    Broker Spotlight: The Agency Port Townsend

    Esh, Re:Gen and PHS win Gentoo refurb deal

    Esh, Re:Gen and PHS win Gentoo refurb deal

    Milton Ulladulla bypass moves ahead

    Milton Ulladulla bypass moves ahead

    HC directs YEIDA to take over and finish Jaypee projects on SDZ land, ET RealEstate

    HC directs YEIDA to take over and finish Jaypee projects on SDZ land, ET RealEstate

    ABC’s Construction Backlog Indicator Inches Lower in February

    ABC’s Construction Backlog Indicator Inches Lower in February