Canadian lumber sector hit hard as U.S. tariff hike forces mill closures
The U.S. Department of Commerce plans to raise tariffs on Canadian softwood lumber to 34% this fall, marking the [...]
April 15, 2025
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125% U.S. tariffs choke hardwood trade
A new round of tariffs imposed by the United States—reaching as high as 125% on certain Chinese goods—is [...]
April 15, 2025
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Vietnamese wood exporters worried on surging tariff pressures
Vietnamese wood businesses are closely monitoring market developments to swiftly craft solutions in response to volatile tariff policies on a [...]
April 15, 2025
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How Trump’s tariff gambling could impact wood industry companies?
President Donald Trump’s recent announcement of a 20% import tariff on goods from the EU -now paused- has caused [...]
April 11, 2025
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Finland: Logging restrictions could seriously impact sawmill industry, says Keitele Timber’s CEO
The logging restrictions required by the UN Intergovernmental Panel on Climate Change’s (IPCC) could cause significant economic losses for [...]
April 11, 2025
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Poland’s timber industry facing dark clouds: debts mounting due to export restrictions and rising cost
At the end of January, the debts of furniture manufacturers in Poland amounted to PLN 336 million (approximately €70.56 [...]
April 11, 2025
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International Softwood Conference (ISC) 2025 to be hosted in Norway
This year’s International Softwood Conference (ISC) will take place on October 22-24 in Oslo, Norway. The popular [...]
April 11, 2025
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Trump suspends tariffs on most countries for 90 days, escalates China trade offensive
U.S. President Donald Trump on Wednesday suspended newly imposed tariffs on most countries for 90 days, reversing course amid [...]
April 11, 2025
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Lumber falls on fears of market slowdown
Lumber futures fell below $580 per thousand board feet, sliding from a two-and-a-half-year high of $685 [...]
April 9, 2025
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Minimal tariff impact on the UK timber industry
Timber Development UK (TDUK) has encouraged its members to display a united front in response to newly announced US reciprocal [...]
April 9, 2025
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