Lumber
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The daily tariff shift: Trump threatens tariffs on Canadian lumber products as soon as Friday
President Trump has warned that his administration could impose reciprocal tariffs on Canadian dairy and lumber products as early as Friday, intensifying the ongoing trade dispute between the United States and Canada. It’s yet another twist in a serpentine trade policy that seems to shift on an hourly basis. Speaking from the Oval Office on Friday, Trump criticized Canada for imposing steep tariffs on U.S. dairy and lumber exports, claiming that Canadian duties on American dairy products exceed 200%, while tariffs on U.S. lumber are also "tremendously high." According to the president, these tariffs make it nearly impossible for American products to enter the Canadian market. “They make it impossible for us to sell lumber or dairy products into Canada. But our numbers are a tiny fraction of that. Almost nonexistent,” Trump said. In a direct response, Trump stated that the U.S.... Continue reading →
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China’s lumber market in 2024: Falling softwood imports, rising hardwood demand
According to data from China’s Customs, 2024 lumber imports totaled 26.74 million cubic meters valued at US$6.86 billion, a year-on-year decrease of 4% in volume but an increase of 0.3% in value on 2023. The average price for imported lumber in 2024 was US$257 per cubic metre, a year-on-year increase of 4%.... Continue reading →
Popular this Month
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February 19, 2025
Japan projects decline in log imports, mixed trends for lumber in 2025 -
February 17, 2025
Russian timber giant ULK hit by tax freeze, sells assets -
February 14, 2025
Sanctions squeeze Russian timber industry, wiping out billions in exports
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March 10, 2025
The daily tariff shift: Trump threatens tariffs on Canadian lumber products as soon as Friday
President Trump has warned that his administration could impose reciprocal tariffs on Canadian dairy and lumber products as early as Friday, intensifying the ongoing trade dispute between the United States and Canada. It’s yet another twist in a serpentine trade policy that seems to shift on an hourly basis. Speaking from the Oval Office on Friday, Trump criticized Canada for imposing steep tariffs on U.S. dairy and lumber exports, claiming that Canadian duties on American dairy products exceed 200%, while tariffs on U.S. lumber are also "tremendously high." According to the president, these tariffs make it nearly impossible for American products to enter the Canadian market. “They make it impossible for us to sell lumber or dairy products into Canada. But our numbers are a tiny fraction of that. Almost nonexistent,” Trump said. In a direct response, Trump stated that the U.S.... Continue reading →
Popular this Month
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March 3, 2025
Trump takes action to increase U.S. lumber supply and curb wood imports
President Donald Trump has signed an executive order and a memorandum aimed at increasing domestic lumber production and investigating potential national security risks posed by wood imports.... Continue reading →
Popular this Month
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March 3, 2025
Trump takes action to increase U.S. lumber supply and curb wood imports
President Donald Trump has signed an executive order and a memorandum aimed at increasing domestic lumber production and investigating potential national security risks posed by wood imports.... Continue reading →
Popular this Month
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February 19, 2025
Japan projects decline in log imports, mixed trends for lumber in 2025
The Japan Lumber Importers Association has released its projections for imported wood products in 2024 and the first half of 2025. The volume of imported logs is expected to decrease by 13% in 2024, while lumber imports are set to rise by 17.2%. However, lumber imports in the first half of 2025 are projected to decline by 12.5% compared to the same period last year.... Continue reading →
Popular this Month
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October 31, 2024
Japan is becoming more self-sufficient for timber and lumber -
October 1, 2024
Plummeting European exports of softwood logs & lumber to China this year -
August 28, 2024
Will China’s timber market continue to shrink in the future?
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March 3, 2025
Trump takes action to increase U.S. lumber supply and curb wood imports
President Donald Trump has signed an executive order and a memorandum aimed at increasing domestic lumber production and investigating potential national security risks posed by wood imports.... Continue reading →
Popular this Month
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September 25, 2023
Wood prices are in a downward spiral – crisis mode on the world market -
September 6, 2023
China: Fall in CIF prices for softwood lumber imports continues -
August 21, 2023
Chinese softwood lumber imports gain momentum in Q2
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March 3, 2025
Trump takes action to increase U.S. lumber supply and curb wood imports
President Donald Trump has signed an executive order and a memorandum aimed at increasing domestic lumber production and investigating potential national security risks posed by wood imports.... Continue reading →
Popular this Month
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February 14, 2023
US hardwood lumber expand to MENA region -
February 13, 2023
Prospects for the global lumber markets remain low this year -
November 28, 2022
Top 15 biggest lumber producing companies in the world
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March 3, 2025
Trump takes action to increase U.S. lumber supply and curb wood imports
President Donald Trump has signed an executive order and a memorandum aimed at increasing domestic lumber production and investigating potential national security risks posed by wood imports.... Continue reading →
Popular this Month
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January 26, 2024
What to expect in China’s wood market after the Chinese New Year? -
December 13, 2023
Global sawmill production falls sharply; turnaround expected in U.S. in 2024 -
December 4, 2023
China’s log & lumber import markets may be worse than you think
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March 10, 2025
The daily tariff shift: Trump threatens tariffs on Canadian lumber products as soon as Friday
President Trump has warned that his administration could impose reciprocal tariffs on Canadian dairy and lumber products as early as Friday, intensifying the ongoing trade dispute between the United States and Canada. It’s yet another twist in a serpentine trade policy that seems to shift on an hourly basis. Speaking from the Oval Office on Friday, Trump criticized Canada for imposing steep tariffs on U.S. dairy and lumber exports, claiming that Canadian duties on American dairy products exceed 200%, while tariffs on U.S. lumber are also "tremendously high." According to the president, these tariffs make it nearly impossible for American products to enter the Canadian market. “They make it impossible for us to sell lumber or dairy products into Canada. But our numbers are a tiny fraction of that. Almost nonexistent,” Trump said. In a direct response, Trump stated that the U.S.... Continue reading →