NEWS

Decorative Hardwoods Association (formerly HPVA) eNews Volume XVI, Issue XXIV: DHA Insights: The Year In Review | U.S. Extends Duties On Softwood Imports From Canada | Hardwood Industry Advocates For Changes To EUDR | U.S. Invests $468 Million In Wildfire Resilience | National Park Service Sued For Planting Trees

What hardwood species is most popular for flooring?

Answer: European oak

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garrisoncollection.com: 7 Most Popular Hardwood Species With Pictures

On November 30, in the five-year sunset review, the U.S. International Trade Commission determined that the existing duties on imports of lumber from Canada will remain in place. USITC determined that "revoking the existing antidumping and countervailing duty orders on certain softwood lumber products from Canada would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time."

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Nearly 150 U.S. Representatives signed a letter calling for action on expired and expiring tax provisions authorized by the Tax Cuts and Job Act of 2017. Lawmakers seek to restore provisions that would help businesses, including 100% depreciation on equipment, the R&D Tax Credit, and full business interest deductions.

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The Hardwood Federation and American Hardwood Export Council recently met with the Office of the U.S. Trade Representative to share concerns about the strict geolocation requirements in the EU Deforestation Regulation and how the EUDR will cause extreme hardship for U.S. wood, pulp, and paper product producers. USTR officials are keenly aware of the problems that the EU policy poses for the wood products sector.

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