NEWS

Decorative Hardwoods Association (formerly HPVA) eNews Volume XIV, Issue XI: U.S. Importers Drive Up The Price Of European Wood Products, Too | Cabinet Importers Evade U.S. Duties | China's Construction Boom Sends Emissions Skyrocketing | How The Pandemic Turned Lumber Into A Hot Commodity

Name the world's most sacred or iconic trees (hint: there are eleven).

Answer: The baobab to the palm tree and 9 in between.

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GardenBuildingsDirect: 11 of the Most Sacred and Iconic Trees from Around the World

China's plan to build its way out of the pandemic is sending its carbon emissions to new highs. According to analysts, China's carbon dioxide emissions from fossil fuels and cement production grew by 14.5% in the first quarter of 2021 and were 9% higher than in the first quarter of 2019, pre-pandemic.

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In April 2020, the U.S. International Trade Commission found injury to the U.S. kitchen cabinet industry, establishing duties of 70% on imports of cabinets and vanities from China. According to MasterBrand, some importers are evading those duties by transshipping cabinets through Malaysia, Vietnam, and Indonesia.

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Facing soaring U.S. lumber prices, U.S. importers are competing for - and winning - wood from Europe. The buying frenzy follows record American imports of forest products from Europe in 2020, when North American demand soared and caught sawmills off guard with low inventory. Lumber prices have quadrupled in just one year.

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