NEWS

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.

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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

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

Furniture importer Blue Furniture Solutions and its successor company will pay more than $5 million for violating the False Claims Act. The U.S. government alleges that CEO Yingqing Zeng and CFO Alex Cheng conspired to avoid paying millions of dollars in antidumping duties and customs fees by describing wood furniture imported from China as "metal" or "non-bedroom" furniture.

Resources:

Decorative Hardwoods Association (formerly HPVA) eNews Volume XIII, Issue VIII: New IRS Guidance Provides More Tax Relief Under CARES Act | More Government Resources & Assistance | Coronavirus Impact On Wood Industry Will Continue Into 2021 | Some Woodworking Companies Now Make Healthcare Products

Official Photo © D. Myles Cullen