I'm reasonably sure that while they are alive trees are a net absorber of carbon. But once they are dead that carbon is dispersed back into the environment. Once in a while some gets sequestered underground as coal or oil or diamonds, otherwise it just forms part of the general global carbon cycle. So from a macro level, I doubt trees have much of a first order effect on carbon, unless you are continually expanding the forests.
BUT
If you burn wood, or build your house out of wood, then that will affect the carbon cycle, because the alternatives (coal, oil, concrete,steel) are energy intensive and the energy is often created by burning previously sequestered carbon. Cement is made by burning limestone, that is also returning sequestered carbon to the carbon cycle.
So, if you have lots of trees, people will tend to use them in preference to the sequestered carbon sources.
That is not to say that I agree that more carbon in the carbon cycle is a bad thing, but that is not what the OP asked.
Cheers
Greg Locock
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