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Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Statistics / Wood Products / China / Global / North America
November 8, 2018

China cuts import tariffs on wood products to 5.4% from 6.6%; trade war with US continues to impact markets

China cuts import tariffs on wood products to 5.4% from 6.6%; trade war with US continues to impact markets
A recent government announcement effective November 1st, 2018 states that China has reduced import tariffs on more than 1,500 products to lower the average import tariff to around 7.8%. Import tariffs on wood and paper products will be decreased to 5.4% from 6.6% which will help wood-based panels and other related imports to grow in China.    China-US Trade dispute update    The trade war between China and United States continues to impact markets.    During the first half of 2018 U.S. wood products ...

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