Decorative Hardwoods Association (formerly HPVA) eNews Volume XIII, Issue IX: SBA Accepts More Applications For Paycheck Protection Program | Furniture Importers Fined $5.2 Million For Evading Customs Duties | U.S. Delays Many Tariff Payments | USTR Excludes Some Chinese Cabinets From Tariffs | S. Korea May Impose Antidumping Duties On Plywood From Vietnam
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April 29, 2020
Idaho Veneer Company Will Be Sold
After 67 years, the Malloy family has decided to sell Idaho Veneer Company in Post Falls, ID. The site, originally in the middle of farmland, is now in what is considered to be the center of downtown Post Falls.
Resource:
Idaho Veneer Announcement (PDF)
Photo © Google
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April 29, 2020
EPA Changes Formaldehyde Fees
On April 17, the EPA announced that composite wood panels regulated under TSCA Title VI for formaldehyde emissions will be exempt from the cost-sharing requirements for EPA's risk characterization of formaldehyde.
Photo © Capital Testing (Formerly HPVA Laboratories®)
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April 29, 2020
USTR Excludes Some Chinese Cabinets From Tariffs
The United States Trade Representative has announced more tariff exclusions on Chinese products, including glass-fronted wood cabinets with specific dimensions.
Resource:
Woodworking Network: USTR excludes more Chinese products from tariffs, including cabinets
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April 29, 2020
U.S. Delays Many Tariff Payments
The U.S. government announced that it will allow companies to defer paying tariffs on many imported goods for 90 days. The deferral doesn't apply to antidumping or countervailing duties or to punitive tariffs on Chinese goods.
Resource:
The Fence Post: Trump deferral of some tariffs leads to call for more
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