NEWS

Total U.S. imports of hardwood plywood grew by 37% in volume and nearly 77% in value from January through June, as compared to the same period last year. Indonesia is the number one source of U.S. imports, with volume up by nearly 41%. Vietnam was the second largest source, with imports soaring an astounding 93% in volume. Russia is still the third largest source, with volume up by about 2%.

Chart © U.S. International Trade Commission
 

Which types of trees absorb the most carbon?

Answer: Trees with large trunks and dense wood with large leaves and wide crowns.

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Single Earth: Which Trees Absorb the Most Carbon and Why?

The Department of Commerce, in its third annual review of softwood lumber imports from Canada, lowered the tariffs from 17.99% to 8.59%. NAHB and other homebuilding associations have been pushing for reductions in tariffs to support more affordable housing.

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Builder Online: Canadian Lumber Tariffs Cut By Half

China's imports of logs and lumber dropped by 50% between Q4 2021 and Q1 2022. China's weak economy in Q1 was due to COVID-related shutdowns. Imports from Russia to China fell significantly, from 800,000 cubic meters in Q4 to a paltry 80,000 cubic meters in Q1.

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After a ruling that overturned the previous finding that cabinets from Vietnam are circumventing duties, the cabinet industry, backed by Congress, urged the Department of Commerce to give "full and fair consideration" to their claims. In their August 1 letter to Secretary Gina Raimondo, members of Congress asked her to "use all existing trade remedy laws to their fullest extent in order to fight back against China's unfair trade practices."

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