NEWS

Chinese exports jumped 15% in September vs. last year, surpassing the previous month's performance and analysts' forecasts. Per China Customs, the value of China's wood products grew to $81 billion in the first half of 2018, up 9% vs. last year, as the value of exports rose 6% to $39 billion.

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Decorative Hardwoods Association® (formerly HPVA) eNews Volume XI, Issue XVIII: U.S., Canada Reach Trade Deal | China Increases Tariffs As Trade Rift Escalates | Roseburg Publishes Verified EPDs | HPVA Laboratories Publishes Certification Directory

The new NAFTA deal has been announced. Now known as the United States-Mexico-Canada Agreement (USMCA), the agreement is designed to create more balanced, reciprocal trade that supports higher-paying jobs for Americans and stronger North American economies.

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Murray Stavenow passed away on June 19 surrounded by his family. A memorial was held on September 29 in Vermont. Murray was active in Decorative Hardwood Association® activities and a long-time supporter of our industry.

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Addison County Independent: Murray Stavenow

China's retaliatory tariffs on $60 billion of U.S. exports went into effect September 24. If the trade war continues, expect the 5% or 10% tariffs on most hardwood products imported from China to be raised to 25%.

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