Tacoma, Washington-based Northwest Hardwoods will close its Mount Vernon, Washington and Maury River, Virginia mills in November, laying off 100 employees. The largest US hardwood supplier said the decision was made "as prospects dimmed for a quick resolution to the US/China trade dispute". According to the White House a “phase one” agreement with China has been reached. This halted a proposed October tariff hike. Both sides are working toward a deal for November’s Asia-Pacific Economic Cooperation summit in Chile. But any possible trade deal ...
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