China's Tale Of Two Countries: Tariffs On Logs From The U.S. Vs. Australia

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China will extend tariff exemptions on U.S. hardwood logs and lumber as well as 64 other U.S. products at least through September 16, 2021. U.S. hardwood logs and lumber were the only agricultural product on this list.

Australia's log exports fell 9.5% in January as the Chinese ban on their log imports continued to impact the industry. The results would have been even lower had it not been for a significant increase in Australia's log shipments to India.

 

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