Adjusting Imports of Timber, Lumber, and Their Derivative Products Into the United States
ProclamationTariff raisedSigned 25/09/29Federal Register 25/10/06Open the original
Summary
President Trump adopts tariffs under section 232 to adjust imports of timber, lumber, and their derivative products. The proclamation was signed on September 29, 2025, based on the Commerce Secretary’s report that wood products imports threaten US national security.
By industry
- Tariffs & Reshoring1 trading day−0.8%p15 stocks5 trading days+0.7%p15 stocks20 trading days+3.5%p15 stocks
“imposes tariffs, as described below, to adjust imports of wood products”
- Defense1 trading day+0.2%p15 stocks5 trading days+4.7%p15 stocks20 trading days+2.3%p15 stocks
“storage for personnel and materiel, transporting munitions, as an ingredient in munitions,”
Day by day after the announcement
| Day | Tariffs & Reshoring stocks | S&P 500 |
|---|---|---|
| 25/09/26 | 0.0% | 0.0% |
| 25/09/29 | −0.6% | +0.2% |
| 25/09/30 | −0.5% | +0.4% |
| 25/10/01 | +1.0% | +1.0% |
| 25/10/02 | +1.8% | +1.1% |
| 25/10/03 | +1.8% | +1.1% |
| 25/10/06 | +0.8% | +1.5% |
| 25/10/07 | +0.9% | +1.2% |
| 25/10/08 | +4.1% | +1.7% |
| 25/10/09 | +2.8% | +1.4% |
| 25/10/10 | −1.1% | −2.0% |
| 25/10/13 | +2.0% | +0.1% |
| 25/10/14 | +2.8% | +0.0% |
| 25/10/15 | +2.2% | +0.5% |
| 25/10/16 | −0.7% | −0.3% |
| 25/10/17 | −0.9% | +0.5% |
| 25/10/20 | +3.5% | +1.5% |
| 25/10/21 | +2.4% | +1.4% |
| 25/10/22 | −0.5% | +0.9% |
| 25/10/23 | +4.8% | +1.5% |
| 25/10/24 | +5.8% | +2.3% |
Korean stocks in these industries
- Hyundai Steel 004020
- POSCO Holdings 005490
- SeAH Steel Holdings 003030
- Hanwha Aerospace 012450
- Korea Aerospace Industries 047810
- LIG Defense & Aerospace 079550
- Hyundai Rotem 064350
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Horacio Rozanski
BuyBooz Allen Hamilton Holding
BuyBooz Allen Hamilton Holding
BAH
$2M
23,800 sh
$2M
Filed 25/10/30
Traded 25/10/30
- John R. McPherson
BuyCommercial Metals
BuyCommercial Metals
CMC
$99.5K
1,712 sh
$99.5K
Filed 25/10/21
Traded 25/10/20
- Neil G. Mitchill Jr.
SellRTX
SellRTX
RTX
$873.5K
4,849 sh
$873.5K
Filed 25/10/28
Traded 25/10/24
- Christopher T. Calio
SellRTX
SellRTX
RTX
$858.3K
4,813 sh
$858.3K
Filed 25/10/29
Traded 25/10/27
- John R. McPherson
BuyCommercial Metals
BuyCommercial Metals
CMC
$587
10 sh
$587
Filed 25/10/21
Traded 25/10/20
- Srinivas Attili
BuyScience Applications International
BuyScience Applications International
SAIC
$9,735
100 sh
$9,735
Filed 25/10/14
Traded 25/10/10
- Christopher E. Kubasik
Sell10b5-1 planL3HARRIS Technologies
Sell10b5-1 planL3HARRIS Technologies
LHX
$23.2M
83,000 sh
$23.2M
Filed 25/09/12
Traded 25/09/12
- Frank A. St John
SellLockheed Martin
SellLockheed Martin
LMT
$2.3M
4,703 sh
$2.3M
Filed 25/10/27
Traded 25/10/23
- John S. Mengucci
SellCaci International
SellCaci International
CACI
$2.3M
4,683 sh
$2.3M
Filed 25/09/17
Traded 25/09/15
- Frank A. St John
SellLockheed Martin
SellLockheed Martin
LMT
$1.5M
3,020 sh
$1.5M
Filed 25/10/27
Traded 25/10/23
- John S. Mengucci
SellCaci International
SellCaci International
CACI
$1.1M
2,274 sh
$1.1M
Filed 25/09/17
Traded 25/09/15
- John S. Mengucci
SellCaci International
SellCaci International
CACI
$855.4K
1,742 sh
$855.4K
Filed 25/09/17
Traded 25/09/15
- John S. Mengucci
SellCaci International
SellCaci International
CACI
$710.4K
1,443 sh
$710.4K
Filed 25/09/17
Traded 25/09/15
- Tracy A. Atkinson
SellRTX
SellRTX
RTX
$500.9K
2,800 sh
$500.9K
Filed 25/10/28
Traded 25/10/24
- Kimberly A. Fields
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$1.8M
21,153 sh
$1.8M
Filed 25/10/16
Traded 25/10/15
- Kimberly A. Fields
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$1.7M
21,154 sh
$1.7M
Filed 25/10/08
Traded 25/10/06
- Stephen D. Laxton
SellNucor
SellNucor
NUE
$163.9K
1,082 sh
$163.9K
Filed 25/11/03
Traded 25/10/30
- Kimberly A. Fields
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$1.6M
20,312 sh
$1.6M
Filed 25/09/23
Traded 25/09/22
- Allen C. Behr
SellNucor
SellNucor
NUE
$1.4M
9,042 sh
$1.4M
Filed 25/11/03
Traded 25/10/30
- Miguel Alvarez
SellSteel Dynamics
SellSteel Dynamics
STLD
$1.3M
8,251 sh
$1.3M
Filed 25/10/30
Traded 25/10/29