NEWS

After three months of severe pandemic-related lockdowns in Vietnam, some furniture companies are moving production back to China. Vietnam's government ordered all factories to shut down after a June outbreak of COVID, only allowing them to reopen if workers were housed on-site. About 50% of timber processing companies in Vietnam were forced to stop operations and are now facing the possibility of bankruptcy. Others are still allowed to operate but are at less than 50% of capacity.

What and where is the largest tree in Canada?

Answer:  The Cheewhat Giant is a western red cedar located near Cheewhat Lake in British Columbia.

Photo © Ancient Forest Alliance

U.S. hardwood exports to Greater China and Southeast Asia are sustaining a recovery through 2021. The latest data for this year shows that the value of U.S. hardwood log exports to Greater China is $327 million, up 35% from 2020. U.S. exports of hardwood lumber have reached $479 million, up 1.7%.

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AHEC reports that Chinese tariff exemptions, originally set to expire on September 17, have been extended until April 16, 2022. The tariffs apply to both hardwood logs and lumber products exported to China.

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Woodworking Network: China extends hardwood tariff exemptions

The U.S. Court of International Trade remanded this case for the fourth time, directing the U.S. Department of Commerce to reconsider the rate applied to the separate rate companies in the hardwood plywood case. Commerce had continued to calculate a rate of 57.36% for the separate rate companies and identified additional information on the record to support its determination.