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Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / China / Global / North America
May 22, 2019

US is beginning to realize the importance of diversification of hardwood export markets

US is beginning to realize the importance of diversification of hardwood export markets
The fact that China has imposed tariffs on American hardwood products imports has sounded the alarm for the US timber industry. At the moment, one-third of the lumber produced at sawmills in the United States are being exported to the Chinese market. Thus, the Sino-US trade war is a major challenge for the American sawmill industry.    The uncertainty of Sino-US relations has increased the pressure on the entire industry. What is even more difficult is that the increase in tariffs coincides with the Chinese economic slowdown. For a long time, exports to China ...

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