For the European forests products sector the direct impact of additional tariffs on bilateral trade with the US, while significant, may be less of an issue than the impact of the new US tariffs on global supply chains and the wider economy. Total EU exports of forest products to the US, which averaged US$9.37 bil. each year between 2022 and 2024, accounted for 14% of the US$65 bil. total EU annual exports of forest products outside the region during that period. A large proportion of EU products exports to the US include added-value products ...