A bipartisan bill, "Restoring Trade Fairness Act," introduced in the House, would revoke China's Permanent Normal Trade Relations status. That status effectively classifies China as a free trade partner. The bill would revoke many of the low tariff rates China currently enjoys and create a minimum 35% tariff on the value of non-strategic goods and a minimum 100% tariff on the value of strategic goods. If passed, the new tariffs would be phased in over five years.
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February 06, 2025
Posted On
February 06, 2025
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Wood Trivia: Test Your Knowledge
What Tasmanian tree is in the “gigantism hotspot” and grows to 100 meters tall? It’s the sixth-tallest tree in the world. Which species of trees are taller?
Answer: Australia’s mountain ash. The top five tallest tree species are the coastal redwood, a Himalayan cypress, Sitka spruce, Douglas fir, and a tropical species from Malaysia, Shorea faguentiana, also known as yellow meranti.
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February 06, 2025
DHA Supports Ending The Death Tax
DHA recently signed a letter to members of the House of Representatives and the Senate supporting the Death Tax Repeal Act of 2025. Exemption limits on the estate tax in recent years represent significant relief to family-owned businesses. Without Congressional action, however, the temporary increase in the estate tax exemption amount will expire at the end of 2025, increasing uncertainty and business planning costs.
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February 06, 2025
DHA & Allies Oppose Using Flawed Science In Regulations
The EPA’s Integrated Risk Information System (IRIS) program has been increasingly used to develop overly burdensome regulations for products we use every day. IRIS fails to adequately incorporate high-quality and relevant science and does not consistently use a "weight of the scientific evidence" approach. EPA recently issued its final risk evaluation for formaldehyde under the Toxic Substances Control Act (TSCA) based on a flawed IRIS assessment.
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February 06, 2025
DHA's Position On Tariffs
On January 29, DHA sent a letter to the Trump administration requesting that hardwood plywood, veneer, and engineered wood flooring be exempted from the 25% tariffs on imports from Canada. The Canadian decorative hardwoods industry is highly integrated with partners in the U.S. In the same letter, DHA strongly supported tariffs on imports from China and recommended extending the tariffs on imports from Russia to a ban on Russian wood from third countries.