DHA Insights: March 23, 2023
Trade issues continue to be hot topics in our industry. Last week the U.S. Court of International Trade upheld the 25% Section 301 tariffs on Chinese hardwood plywood and multilayered wood flooring, among other products. This is an important win for many DHA members who participate in coalitions for both products.
Imports of hardwood plywood and engineered wood flooring are both off to a slow start this year after significant increases last year. Both segments are likely working off large inventories from last year's high imports and facing declining demand as construction slows in the U.S.
With trade such an important issue, we are looking forward to hearing from attorney Tim Brightbill who represents both the Coalition for Fair Trade in Hardwood Plywood and American Manufacturers of Multilayered Wood Flooring at the DHA Annual Meeting in May. We look forward to seeing you there.
If you have questions or comments, contact me. I look forward to hearing from you.
Keith A. Christman, President
Decorative Hardwoods Association