125% U.S. tariffs choke hardwood trade
A new round of tariffs imposed by the United States—reaching as high as 125% on certain Chinese goods—is set to raise pressure on China’s furniture industry, which is heavily reliant on imported hardwoods, industry analysts said. While the U.S. trade measure targets a range of specific goods, its ripple effects are expected to be felt across China’s wood processing and furniture manufacturing sectors. The cost of raw materials, especially high-quality hardwoods used in interior products, is now poised to climb sharply. China imported more than 10 million cubic meters of non-coniferous ...
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