The cautious optimism for a weak recovery from the global recession that emerged in late Q4 2024 has faded as 2025 has progressed. Since Donald Trump’s inauguration as US president in November 2024, the political agenda pursued by Washington has generated significant instability in the global economy. The wood products market worldwide has been heavily affected. United States – promises not yet fulfilled The optimism for housebuilding present at the time of Trump’s inauguration—driven by expectations of lower taxes for businesses and consumers—has now been dampened. High tariffs on external trade, their inflationary impact within ...
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