NEWS

The U.S. House of Representatives has passed the America COMPETES Act to improve U.S. competitiveness with China. The legislation includes provisions from the Leveling the Playing Field 2.0 Act that would make it quicker and easier for U.S. companies and agencies to counter circumvention and illegal subsidies. Coalitions that include several DHA plywood and engineered wood flooring member companies support the new trade rules.

Resource:

Decorative Hardwoods Association (formerly HPVA) eNews Volume XV, Issue II: DHA Promotes Beauty Of Natural Wood, Highlights Top-Priority Policy Issues | U.S. Forest Service Announces New Wildfire Strategy | American White Oak Struggles To Regenerate | Vietnam's Wood Products Exports Reach Record High

Photo © Timber Products Company

Which species of tree was planted in Europe in recent years—and may become the largest trees on the continent?

Answer: Redwood

Resource: 

The European Union is using the World Trade Organization to challenge Russian export restrictions on raw wood, claiming that the ban is illegal. Russia banned exports of some unprocessed hardwood and coniferous trees beginning January 1 in order to support its own wood processors.

Resource: 

Vietnam's export value of forest products grew 20% to reach a record of $15.87 billion last year. The country's wood industry has already set its 2022 target at $16 billion.

Resource:

Fordaq: Vietnam wood product exports reaches record in 2022