China: Proposed tariffs on US wood exports
Wednesday 29 Aug 2018Proposed Chinese Tariffs: Potential impacts for the Pacific North West forest industry - On August 8, China's Commerce Ministry released a preliminary list of proposed tariffs on $16 billion in US goods, which came just a day after the US Trade Representative's office released a finalized list of $16 billion in Chinese goods that will be hit with tariffs.
The tariffs are scheduled to be activated on August 23, the Chinese ministry clarified, which is the same day that the US plans to begin collecting an additional 25 percent in tariffs on $16 billion in Chinese goods.
The list identified duties range from 5 to 25 percent on 5,207 US imports that include a number of wood products such as softwood and hardwood logs, veneer and lumber, chips, pellets, MDF, OSB, wood pulp, paper and other processed and unprocessed wood materials.
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