The fire at the West Fraser sawmill will have an impact on the timber supply chain, especially on production capacity and transportation, which may lead to short-term volatility in timber prices. Chinese importers need to pay attention to market dynamics and consider alternative procurement strategies.
West Fraser fire rescue at Riegelwood sawmill in North Carolina Read More »
The U.S. Secretary of Commerce confirmed that tariffs on Canada and Mexico will take effect on March 4, and the rates may change. Trump is expected to increase tariffs on China unless China stops trafficking fentanyl. This policy will affect the timber market, especially the import timber supply chain to China.
President Trump has ordered the Commerce Department to investigate the impact of lumber imports on national security, which could lead to the implementation of new tariffs. The investigation will assess the dumping of lumber from several countries, including Canada, Germany and Brazil. Expert analysis predicts that this will have an immediate impact on the North American lumber supply chain and could change the purchasing patterns of Chinese buyers.
President Trump orders investigation into lumber imports in response to tariffs Read More »
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