Trump Says He Will Announce New Tariffs, Including on Lumber

The president added a new category of products to previously planned tariffs.

Piles of lumber are seen for sale at a home improvement store in Falls Church, Va., on Feb. 3, 2025. Saul Loeb/AFP via Getty Images

President Donald Trump said on Feb. 19 that he will soon announce new tariffs on lumber and other forest products.

Trump said at an investment conference in Florida that he will be announcing tariffs on lumber in addition to other products he had previously said would be subject to tariffs, including cars and pharmaceuticals, “over the next month or so.”