NEWS

DHA joined allied organizations in a letter to Congressional leaders opposing the limitation of the business state and local tax deduction (B-SALT). These taxes are not optional for businesses; they are ordinary expenses that a business must pay. To date, these limitations are not included in the House budget reconciliation bill. 

On May 12, the U.S. and China announced a cooling of the ongoing economic dispute by mutually reducing tariffs on goods traded between the two countries for 90 days, with the expectation that negotiations will continue. The U.S. will reduce tariffs on Chinese goods to 30%, down from 145%. China will drop U.S. tariffs from 125% to 10%.

Decorative Hardwoods Association (formerly HPVA) eNews Volume XVIII, Issue X: What You Need To Know About The Budget Reconciliation Bill | DHA Opposes Limit On Business State & Local Tax Deduction | U.S.

Which hardwood tree was used to determine the causes of a pivotal moment in the history of Roman Britain?

Answer: The study used records of oak tree rings to reconstruct temperature and precipitation levels in southern Britain during and after the "Barbarian Conspiracy" in 367 CE.

The head of Vaughan-Bassett discussed how his firm, one of the few remaining U.S. manufacturers of wooden furniture, is navigating through the uncertainty created by tariffs and economic policy whiplash. Vietnam—not China—is the lead exporter of wood furniture to the U.S. and the 800-pound gorilla of the industry.

PHOTO © Vaughan Bassett