NEWS

In the waning days of the Trump administration, the U.S. Trade Representative has published its final determination: that Vietnam manipulates its currency, providing trade advantages.

Resources:

Decorative Hardwoods Association (formerly HPVA) eNews Volume XIV, Issue I: Vietnam Denies High-Risk Illegal Wood Trade | Europe Flooded With Illegal Wood From Billion-Dollar Russian Scheme | Canada Launches Investigation Into Upholstered Seating From China & Vietnam | Commerce Finds AD/CVD Rates On Chinese Mouldings

As a result of China's trade ban, Australian timber companies are turning to India as a new market for timber.

Resource:

ABC News: China trade ban paves the way for India as new market for Australian timber

Japan, formerly the world's biggest consumer of tropical logs, is likely to stop importing them entirely.

Resource:

Nikkei Asia: Japan tapers imports of logs from tropical trees to near zero

The U.S. Department of Commerce announced final affirmative determinations on wood mouldings and millwork imported from China. The resulting antidumping duties are 33.87% and the countervailing duty (subsidy) rate is 20.56%. The USITC will make a final determination on injury to the U.S. industry before these rates become effective.

Resources: