Industry Advocates For Estate Tax Reforms

DHA allies, including the Hardwood Federation and Forest Resources Association, signed a letter to the House Ways & Means Committee's Rural America Tax Team in support of estate tax reform. The letter urges Congress to maintain a stepped-up basis for calculating estate tax, which is critical for the continuation of family businesses. The letter also urges Congress to maintain the $13.61 million per person enhanced estate tax exemption, set to sunset in 2025.

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National Forest Products Week Highlights The Benefits Of Wood

In 1960, the U.S. Congress set the third week of October as National Forest Products Week. The purpose: to celebrate forest products and the industry values of responsibility, sustainability, and community. Forest products are naturally sustainable and store carbon, which helps fight climate change.

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U.S. Imports Of Hardwood Plywood Surge By 22%

U.S. imports of hardwood plywood continue to surge, up by nearly 22% in value year-to-date through August. The value of imports from Vietnam grew by nearly 72% and from Indonesia by more than 28%. The volume of all imports so far this year reached more than 1.6 billion square feet, up by more than 8%. The volume of imports from Vietnam more than doubled to over 415 million square feet.

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EU Cracks Down On China For Dumping Hardwood Plywood

The European Union opened a 14-month antidumping investigation into the sharp increase in Chinese plywood that has been flooding its ports. EU imports from China are already up by 23% for January–August 2024. There are growing concerns that Russia is now using China to circumvent sanctions, as evidenced by trade between the countries soaring by 74%.

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EU Proposes One-Year Delay Of EUDR

Decorative Hardwoods Association (formerly HPVA) eNews Volume XVII, Issue XIX: EU Proposes One-Year Delay Of EUDR | DHA Will Publish Revised Hardwood Plywood Standards | OSHA Proposes Workplace Heat Rule

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