NEWS

Decorative Hardwoods Association (formerly HPVA) eNews Volume XV, Issue XI: USFWS Advances Proposed Endangered Species Listing For Bat | Growth Of Kitchen Cabinet Sales May Be Slowing | Russia Will Use Subsidies To Support Timber Industry | Congress Weighs In On Tariffs On China

Photo © Keith Shannon/USFWS

Which World War II bomber was made mostly from wood?

Answer: The de Havilland Mosquito

Resource: Second World War-era de Havilland Mosquito set to arrive at Kelowna's airport next week

Photo © KF Aerospace

Congress has jumped into the debate on Section 301 tariffs on China, working out differences between the House and Senate versions of the massive "China bill." The Senate version of the bill would require USTR to meet more specific criteria to exclude products, likely with set goals. Some sources predict that a final package will emerge from committee by July 4.

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Russia's forest products industry is facing a series of negative consequences caused by EU sanctions against the country. The Russian government is planning to provide subsidies and loans to help stabilize the industry.

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Although sales of kitchen cabinets increased by nearly 12% this April vs. one year ago, growth may be slowing. April sales were nearly 14% lower than sales in March.

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Kitchen Cabinet Manufacturers Association: April 2022 Trend of Business Press Release