President Donald J. Trump has signed a Proclamation that imposes tariffs on imports of timber, lumber, and related wood products. The action is taken under Section 232 of the Trade Expansion Act of 1962 and aims to support the American lumber industry and address concerns about national security.
The decision comes after the Secretary of Commerce completed an investigation under Section 232, concluding that current levels and conditions of wood product imports pose a threat to national security. The findings prompted the administration to take steps intended to strengthen domestic production capabilities.
"This Proclamation builds on previous actions taken by the Trump Administration to ensure U.S. trade and industrial policies serve the national interest," according to the statement.
The new measures are part of ongoing efforts by the administration to secure critical industries and supply chains in the United States.
