NEWS

On July 2, President Trump announced a trade pact with Vietnam. Trump stated that the U.S. would impose a 20% tariff on goods from Vietnam and a 40% transshipping tariff on goods originating in another country and transferred to Vietnam for final shipment to the U.S. In 2023, Vietnam was found to be transshipping Chinese plywood to circumvent U.S. import duties.

On July 3, The U.S. International Trade Commission "determined that there is a reasonable indication that a U.S. industry is materially injured by imports of hardwood and decorative plywood from China, Indonesia, and Vietnam that are allegedly sold in the United States at less than fair value and subsidized by the governments of China, Indonesia, and Vietnam."

Decorative Hardwoods Association (formerly HPVA) eNews Volume XVIII, Issue XIII: U.S. Continues Investigations Into Imported Hardwood Plywood | U.S.-Vietnam Trade Deal Targets Transshipping Of Chinese Products | What's In The Final Tax & Budget Law? | New Rule Will Fast-Track Forestry & Infrastructure Development | U.S.

What is a "Champion Tree," and who decides which individual tree is named the champion?

Answer: A "Champion Tree" is technically the largest individual specimen of any given tree species. However, the process to find and designate the right champion tree is—complicated. 

PHOTO © JONATHAN PATTISHALL

Jeff Jackson, CEO of Cabinetworks Group, talked about how the company maintains a product pipeline focused on market changes, works with customers to create affordable purchase strategies that reduce costs on both sides, invests in automation to maximize labor efficiency, and improves staff development programs.

PHOTO © CABINETWORKS