The Brazilian Association of Mechanically-Processed Timber Industry (Abimci) has issued a statement regarding the Executive Order announced by the U.S. government on July 30, which imposes new tariffs on Brazilian exports. According to a preliminary analysis, most wood sector products — especially those from planted forests — are not included in the list of exemptions outlined in Annex I of the measure. This suggests that these products may face an additional 40% tariff on top of the existing 10% reciprocal tariff, in effect since April 2. Abimci highlights uncertainties regarding items under ongoing Section 232 investigations of the ...