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In our last newsletter, we highlighted the increasingly close relationship between the Canadian government and the EU. Now, the Canadian government is pushing back on the high unnecessary costs of implementing the EU Deforestation Regulation. Canada - and the U.S., for that matter - are both extremely low-risk countries for deforestation. Let's hope the Canadian government can leverage its new relationship to make EUDR more cost-effective and better tailored to deforestation risk. If the Canadian government is unsuccessful, it may want to rethink partnering with the EU, which will certainly come with a whole host of regulations.

Last week, Chinese President Xi Jinping arrived in the U.S. to a great amount of pomp and circumstance covered by the press. Getting less attention are trade discussions, which appear to be moving forward. The list of Chinese imports from the U.S. that will be considered and may qualify for better trade treatment in the future includes logs and wood products.

If you have questions or comments, contact me. I look forward to hearing from you.

Keith A. Christman, President