Donald Trump plans to put 25% tariffs on Canada starting this Saturday, Feb. 1, which could have ripple effects on the US housing market. The US imports more wood from Canada than any other country, and tariffs will raise construction costs in an already tight market where nearly half of Americans can’t afford a home.
After Canada, the US imports most of its wood from China and Mexico – which Trump has also threatened steep tariffs on – as well as Brazil and Germany.
Sports inspire greatness, determination, and resilience—both on and off the field. Bank of America is proud to celebrate the achievements of and uplift communities through the power of sports. Learn more about how Bank of America supports athletes in life and in the game.
Seven warships, a nuclear submarine, over two thousand Marines, and several spy planes. Over the past week, the United States has stacked a serious military footprint off Venezuela’s coast.
China's liquid-fueled intercontinental strategic nuclear missiles DongFeng-5C, which have a global strike range, pass through Tiananmen Square during the V-Day military parade in Beijing, China, on September 3, 2025.