DHA Insights: August 21, 2025
I hope you all are enjoying some vacation time as summer comes to a close and Congress is on recess. This presents an opportunity to reflect on the year so far and the dramatic changes to the decorative hardwoods industry and the U.S. economy.
Trade has been a huge part of those changes. From the trade cases filed against China, Vietnam, and Indonesia to the national security review of wood product imports—with decisions to be announced soon, expect major changes in trade from now through the end of the year.
There have also been dramatic changes in regulatory and fiscal policy. The administration tossing out the climate policy endangerment finding was just one. Most recently, and lower profile: the administration announced changes to diesel rules that are expected to save small businesses and contractors, including those in our industry, more than $700 million per year. The budget reconciliation extension of existing tax rates and investment tax credits is an important policy that benefits the businesses in our industry and the families who work in and run them.
If you have questions or comments, contact me. I look forward to hearing from you.
Keith A. Christman, President