In a vibrant escalation of his trade war, U.S. President Donald Trump has imposed crippling tariffs on Canadian lumber and furniture, effective October 14, 2025, mentioning national security under Area 232 of the Trade Act. With a 10% task on lumber, 25% on cooking area cabinets and vanities, and 30% on upholstered furnishings, the tariffs target Canada, the U.S.'s top softwood lumber provider, pushing overall tasks above 45%. This relocation, alongside 100% tariffs on non-U.S.-made pharmaceuticals and 25% on foreign heavy trucks, threatens to increase furniture prices (up 4.7% last month) and homebuilding costs, adding $9,200 per home. Canadian Prime Minister Mark Carney counters with strategic durability, announcing $700 million in loan warranties and $500 million for forestry innovation, while diversifying trade to lower reliance on the U.S., where 90% of lumber exports go. Trump's lawfully unstable tariffs, challenged in courts, are backfiring, pushing away U.S. services and fueling Canadian pride, bolstering Carney's leadership. As Trump's bullying techniques falter, Carney's measured technique– leveraging worldwide collaborations and a $5 billion reaction fund– highlights a plain contrast in between mayhem and proficiency in financial policy.
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