Minimal tariff impact on the UK timber industry
Timber Development UK (TDUK) has encouraged its members to display a united front in response to newly announced US reciprocal tariffs on foreign imports. The organisation, which has issued a Trade Note to explain the tariffs to the wood products industries, says most wood product imports to the US are not impacted by the tariffs under Annex II of the US tariffs order. Nick Boulton, TDUK head of technical and trade policy, said heading 44 of Annex II includes the main custom codes for Wood and Wood Products. “This is perhaps not such a great surprise given ...
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