Lumber futures prices jumped to $675 on Tuesday, now up +20% in 6 weeks to their highest since August 2022.
This comes after President Trump ordered an investigation into shipments of the commodity into the US.
The probe will scrutinize whether exporters like Canada, Germany, and Brazil are throwing lumber into US markets “at the expense of American economic prosperity and national security."
According to Bloomberg, Canada provides as much as 30% of US softwood lumber.
Lumber futures prices jumped to $675 on Tuesday, now up +20% in 6 weeks to their highest since August 2022.
This comes after President Trump ordered an investigation into shipments of the commodity into the US.
The probe will scrutinize whether exporters like Canada, Germany, and Brazil are throwing lumber into US markets “at the expense of American economic prosperity and national security."
According to Bloomberg, Canada provides as much as 30% of US softwood lumber.
The gold standard of encryption, known as end-to-end encryption, where only the sender and person who receives the message are able to see it, is available on Telegram only when the Secret Chat function is enabled. Voice and video calls are also completely encrypted. In February 2014, the Ukrainian people ousted pro-Russian president Viktor Yanukovych, prompting Russia to invade and annex the Crimean peninsula. By the start of April, Pavel Durov had given his notice, with TechCrunch saying at the time that the CEO had resisted pressure to suppress pages criticizing the Russian government. The Security Service of Ukraine said in a tweet that it was able to effectively target Russian convoys near Kyiv because of messages sent to an official Telegram bot account called "STOP Russian War." Under the Sebi Act, the regulator has the power to carry out search and seizure of books, registers, documents including electronics and digital devices from any person associated with the securities market. It is unclear who runs the account, although Russia's official Ministry of Foreign Affairs Twitter account promoted the Telegram channel on Saturday and claimed it was operated by "a group of experts & journalists."
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