NEWS

Russian woodworking and furniture companies petitioned their government to assess tariffs as high as 60% on imported furniture and related materials. Countries considered to be pro-Russia would face duties of only 10%.

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FurnitureToday: Russian wood industry pushes for 60% import tariffs on furniture

The value of U.S. imports of Russian plywood jumped 68% to $214 million through July. These increases in the value of Russian imports occurred despite an 11% decrease in volume. Imports of Russian hardwood plywood have slowed considerably since April when tariffs of 50% were imposed.

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Imports of Hardwood Plywood (PDF)

U.S. imports of hardwood plywood increased 61% in value and 28% in volume through July. Volume from Indonesia, the top source of U.S. imports, rose by more than 39%, while imports from Vietnam, the second highest source, soared by 65%. Russia remains the third highest source. China, assessed with high antidumping duties, dropped to number ten.
 

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The Office of the U.S. Trade Representative reported that it will continue the Section 301 tariffs on Chinese goods, after numerous comments from domestic companies urging it to keep the tariffs in place. When the USTR receives requests to continue tariffs, Section 301 directs it to keep the tariffs in place while it conducts a more extensive review.

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Decorative Hardwoods Association (formerly HPVA) eNews Volume XV, Issue XVII: Forest Products Sector Opposes Universal Definition Of "Old Growth" | New Law Includes Funding For Wood & Other Carbon-Reducing Products | USFS Study Underscores Role Of Wood Products In Carbon Storage | Vietnam's Timber Exports To U.S., EU & UK Are Falling