{"id":88817,"date":"2025-05-07T07:26:30","date_gmt":"2025-05-07T07:26:30","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/eu-manufacturers-facing-consequences-from-wood-products-diverted-from-the-us\/"},"modified":"2025-09-19T09:04:11","modified_gmt":"2025-09-19T09:04:11","slug":"eu-manufacturers-facing-consequences-from-wood-products-diverted-from-the-us","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/eu-manufacturers-facing-consequences-from-wood-products-diverted-from-the-us\/","title":{"rendered":"EU manufacturers facing consequences from wood products diverted from the US"},"content":{"rendered":"<p><span id=\"more-38111\"><\/span>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.<\/p>\n<p>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.<\/p>\n<p>A large proportion of EU products exports to the US include added-value products such as wood furniture, finished joinery, engineered wood and specialist paper products that will be subject to the US 20% import tax if no agreement is reached between the US and EU before July. This would be a significant hit to overall EU forest products exports but not an overwhelming challenge for most manufacturers which are oriented more towards supplying the large domestic market.<\/p>\n<p>A bigger challenge may arise from the diversion of a large proportion of products produced in other parts of the world, previously destined for the US, towards the European market. Last year, the US imported US$66 bil. of forest products including US$22 bil. of wood (HS44), US$22 bil. of wood furniture (HS94), US$18 bil. of paper (HS48) and US$4 bil. of pulp (HS47).<\/p>\n<p>Switching even a relatively small proportion of this volume towards European markets could quickly overwhelm domestic manufacturers already struggling under pressure of relatively low consumption and high costs of production.<\/p>\n<p>This risk of diversion to Europe is heightened by US plans, announced on 18 April, to impose port fees on Chinese ships arriving at US ports. From mid-October, Chinese ship-owners and operators will be charged US$50 per tonne of cargo with the fees increasing by US$30 a tonne each year for the next three years.<\/p>\n<p>This may increase the likelihood of the EU launching further anti-subsidy and anti-dumping investigations and implementing other policy measures to protect domestic manufacturers in the forest products and other sectors in the future.<\/p>\n<p>On the other hand, as noted in a recent article on the Politico website, \u201cnow that the United States\u2026is convulsing global markets and trade networks with its barrage of duties - the European Union is being quick to step up and cast itself as the heavyweight liberal trade bloc that is open for business\u201d. Swedish Trade Minister Benjamin Dousa told Politico on the margins of a recent meeting of EU trade ministers in Luxembourg that \u201cthere is a sense of urgency among member states that we have to open new trade routes, we have to sign new free trade agreements.\u201d<\/p>\n<p>According to Politico, \u201cSince being confirmed in December, von der Leyen\u2019s European Commission II, which handles trade policy on behalf of the bloc\u2019s 27 members, has been on a deal-making roll. Brussels has concluded decades-long talks with the Mercosur bloc, as well as with Mexico and Switzerland. It has also relaunched negotiations with Malaysia and opened discussions with the United Arab Emirates. Von der Leyen has pledged to wrap up a hard-to-get FTA with India this year and is eager to explore \u2018closer cooperation\u2019 with the Comprehensive and Progressive Agreement for TransPacific Partnership (CPTPP)\u201d.<\/p>\n<p>These agreements are for the future, but for now some early signs of trade diversion away from the US to the European market are already emerging. An article by the British Broadcasting Corporation (BBC) quotes Marco Forgione, Director General of the Chartered Institute of Export &amp; International Trade, as suggesting that the tariffs have already caused \"significant build ups\" of ships, especially in the European Union, but also \"significant congestion\" at UK ports.<\/p>\n<p>\"We've seen a lot of diversion of ships from China that were due to head to the US, diverting and coming to the UK and into the EU,\" Mr. Forgione is reported to have said. In support of this, the BBC notes that in the first three months of 2025 Chinese imports into the UK have increased by about 15% and into the EU by about 12%.<\/p>\n<p>The BBC article also refers to comments by SeaIntelligence, an independent analyst, that there may be an \u201call-time high deployment of ocean shipping capacity on the Asia to North Europe route Other analysts note that tariffs are only one factor contributing to current congestion at European ports. The BBC quotes Sanne Manders, president of logistics firm Flexport, as saying that strikes at ports in the Netherlands, Germany and Belgium in the first three months of the year are also playing a role. He also observed that while shippers are looking for new markets, there may be well be a surge of goods to the US to try to take advantage of the 90-day window for goods from some countries.<\/p>","protected":false},"excerpt":{"rendered":"<p>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 &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/eu-manufacturers-facing-consequences-from-wood-products-diverted-from-the-us\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":96104,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-88817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - 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