The White House Announces New Timber Policy
The White House has announced a new policy aimed at addressing national security concerns related to the importation of timber and lumber. The order, issued under the authority of the Trade Expansion Act, recognizes the significance of the wood products industry to the U.S. economy and military infrastructure. The policy underscores the necessity for a robust domestic supply chain in timber and lumber, as imports have been rising despite the U.S. having adequate resources to satisfy domestic demand.
To implement this policy, the Secretary of Commerce is tasked with initiating an investigation into the potential risks posed by timber and lumber imports. This investigation will evaluate the current and projected demand for these products, the capabilities of the domestic industry, and the impact of foreign competition and subsidies. The findings from this investigation are expected to inform recommendations for possible actions, including tariffs or incentives to bolster domestic production capacity.
The White House order also specifies that the Secretary of Commerce will collaborate with the Secretary of Defense and other relevant agencies to assess the national security implications of the timber and lumber supply chain. A report detailing the findings and recommendations is to be submitted to the President within 270 days. This comprehensive approach aims to ensure that the U.S. maintains a secure and resilient timber supply that supports both civilian and military construction needs.
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