NEWS

In a win for our industry, the bipartisan legislation includes $15 million for the Community Wood Grant program, funds the Wood Innovation Grant program at $30 million, and includes a directive encouraging EPA, USDA, and DOE to recognize biomass energy as carbon neutral.

The American Hardwood Export Council commissioned jurisdictional risk assessments to evaluate the risk of any illegality associated with hardwood production in the U.S., to support due diligence required by regulations like the EU Deforestation Regulation (EUDR). The 37 American Hardwood Assured risk assessments show that there is "negligible risk" across all criteria. This result demonstrates the strength of U.S. forest governance.

President Trump warned Canada that the U.S. would impose 100% tariffs on Canadian products if Prime Minister Carney signs a trade deal with China. "If [Prime Minister] Carney thinks he is going to make Canada a ‘Drop Off Port’ for China to send goods and products into the United States, he is sorely mistaken," Trump stated.

PHOTO © JOYCE N. BOGHOSIAN

Decorative Hardwoods Association (formerly HPVA) eNews Volume XIX, Issue II: Commerce Department Issues Preliminary Countervailing Duties On Hardwood Plywood | Trump Threatens 100% Tariffs If Canada Makes Deal With China | U.S.

On January 16, the U.S. Department of Commerce released its preliminary affirmative countervailing duty findings on hardwood and decorative plywood after identifying significant subsidies provided by the governments of China, Indonesia, and Vietnam. Commerce calculated preliminary countervailing duties of 81.34% on imports from China, 2.40% to 128.66% on imports from Indonesia, and 4.37% to 26.75% on imports from Vietnam.