President Trump meeting with Canadian Prime Minister Mark Carney at the White House and it could get a little testy today. Remember this exchange. Last time Carney was in the Oval Office.Having met with the owners of Canada over the course of the campaign uh last several months, uh it it it's not for sale. Won't be for sale uh ever. Never say never. Never say never.Now, Canada has been hit hard by President Trump's tariffs. Steel, aluminum, lumber, trucks, all being slapped with levies from Washington, and ...

Seattle, Washington-based Weyerhaeuser Company (WY), is one of the world's largest private owners of timberlands, and owns or controls approximately 10.4 million acres of timberlands in the U.S., as well as additional public timberlands managed under long-term licenses in Canada. Valued at $18.1 billion by market cap, the company primarily grows and harvests trees, develops and constructs real estate, and makes a range of forest products. The timber giant is expected to announce its fiscal third-quarter ea ...

Another week, another whirlwind of pronouncements from former President Donald Trump, and the markets, ever the stoic observers of political theater, continued their peculiar dance. From ambitious new tariffs on foreign films and furniture to a generous aid package for soybean farmers, and even a fresh government shutdown, the former President’s recent declarations have once again proven that predicting market reactions to his policy pronouncements is less about economics and more about deciphering a partic ...

Group 1: Tariffs on Entertainment and Lumber - President Trump announced a 100% tariff on foreign-made films to encourage domestic production, but the market reaction was muted, with analysts not viewing it as a serious threat [2][3] - The U.S. stock market remained stable despite the tariff announcement, while Indian media stocks declined by 5% and Netflix shares fell by 1.5% [3] - New tariffs of 10% on imported lumber and 25% on kitchen cabinets and other furniture were set to take effect on October 14, 2025, citing national security concerns [4][5] - Companies like MasterBrand saw a 6% increase in shares due to domestic manufacturing advantages, while high-end retailers faced challenges from increased import taxes [5] Group 2: Pharmaceutical Sector Developments - A significant drug pricing deal was announced between President Trump and Pfizer, where Pfizer would cut drug prices and invest $70 billion in U.S. manufacturing [6] - Pfizer's stock surged by 6.83% to $25.48, with trading volume reaching over 153 million shares, indicating strong market confidence [7][8] - The S&P 500 Pharmaceuticals Index rose nearly 4%, with other major drugmakers also experiencing gains, although some experts questioned the long-term savings for consumers [8] Group 3: Market Resilience Amidst Uncertainty - Despite the looming threat of a U.S. government shutdown, major U.S. indices showed resilience, with the Dow Jones closing at a record high of 46,397.89 [9][10] - Analysts noted that investors appeared to have priced in the potential impact of a shutdown, although concerns about new tariffs renewing business uncertainty remained [10] - Global trade dynamics continued to evolve, with mixed reactions to Trump's tariffs, as some regions adapted better than expected [11] Group 4: Overall Market Impact - The recent policy announcements from President Trump have created a complex environment for investors, with mixed impacts across different sectors [12] - The broader market has shown surprising resilience, continuing its upward trajectory despite political uncertainties [12][13] - Investors are left to navigate the contradictions and potential impacts of these announcements as they prepare for future developments [13]

All right. A little while ago, I sat down with US trade representative, Mr. . Jameson Greer, talking about Hollywood movies and a whole bunch of other things.Please take a listen. All right. Great pleasure.Joining us now is US Trade Representative Jameson Greer. Jameson, thank you, old friend. Appreciate this very much.Uh you spoke to the New York Economics Club today. I put in a plug for that. Uh let me begin with the latest hottest uh tariff and that is anything outside of u Hollywood 100% tariff.Uh now t ...

Builders are sensitive to lumber pricing. But they are likely to weather the new tariffs, one analyst says. ...

Group 1 - The Trump administration has introduced a new round of sectoral tariffs, impacting various industries including pharmaceuticals and timber products [1][2][3] - The tariffs are a result of a U.S. government investigation into market conditions, and they are designed to be immune to lawsuits that typically apply to country-specific tariffs [2] - Canada is significantly affected by these tariffs, as it supplies a large majority of timber sales to the U.S., particularly in the furniture sector [3] Group 2 - The Trump administration aims to influence economic conditions through these tariffs, with a focus on protecting domestic production in states like North Carolina, which has a strong furniture manufacturing base [4]

Core Viewpoint - The White House has implemented a low tariff on timber and lumber imports while imposing a significantly higher tariff on furniture and kitchen cabinets [1] Group 1 - The tariff on timber and lumber imports is set at a relatively low rate [1] - A significantly higher tariff has been established for furniture and kitchen cabinets [1]

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Doman Building Materials Group Ltd. (“Doman” or the “Company”) (TSX:DBM) announced today that a wholly owned subsidiary has sold all of its remaining private timberland holdings in southeast British Columbia, Canada, to the Nature Conservancy of Canada. During its nine years ...

Core Viewpoint - Western Forest Products Inc. announced planned temporary operating curtailments at its British Columbia sawmills due to weak market conditions and increased U.S. softwood lumber duties, resulting in a reduction of approximately 50 million board feet in lumber production for the second half of 2025, which is about 6% of the Company's annual lumber capacity [1][2]. Company Operations - The curtailments will be implemented through reduced operating hours, an extended holiday break, and reconfigured shifting schedules, with the Chemainus sawmill remaining curtailed for the entire fourth quarter of 2025 [3]. - The Company has a lumber capacity of 780 million board feet from six sawmills and operates four remanufacturing facilities and two glulam manufacturing facilities [5]. Market Conditions - The decision for curtailments is influenced by persistently weak market conditions, significant increases in U.S. softwood lumber duties, a lack of available economic log supply, ongoing harvesting permitting delays, and a strike by the United Steelworkers Local 1-1937 [2]. - The Company will continue to monitor market conditions and available log supply to adjust its operating schedules as necessary [3]. Employment Impact - Western is one of the largest private sector employers on Vancouver Island, supporting approximately 3,300 jobs across nearly 20 communities in British Columbia [4].