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February 23, 2021

China to reduce tariffs on certain wood products

China to reduce tariffs on certain wood products
China’s Custom Tariff Commission of the State Council has reduced tariffs on certain forestry products imported into the country. The tariff reduction began Jan. 1.  More than 100 forest products qualify for the tariff reduction, including certain wood fiber boards, plywoods, wood block core plywoods and wood surface multilayer boards, according to a translated version of China’s announcement.    This action demonstrates the importance of the wood industry to China.    US-China trade war    In 2018, the Trump administration started the first rounds of tariffs ...

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