China tariffs cut deep into the US hardwood industry
Prior to the trade and retaliatory tariff battle between the U.S. and China in mid-2018, the U.S. hardwood industry was exporting nearly $2 billion worth of product to China annually, accounting for almost 50% of the total U.S.-grade lumber produced. According to the Hardwood Federation, those volumes made China by far the largest export market for American hardwoods and represented nearly 10 percent of total agricultural exports to China. Beyond its contributions to the U.S. trade balance sheet, the U.S. hardwood industry also provided jobs in areas that are ...
Register for unlimited access
We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
Thousands of quality articles
In-depth analyses of market trends
Exclusive market price insights
And much more!
