Lumber prices rise in sino-us trade war, wooden pallet first
Ming-guang town in yunnan province checks nearly 100 wood processing enterprises
A total investment of 23 billion yuan has been invested in banan, chongqing

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Lumber prices rise in sino-us trade war, wooden pallet first

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In early August, the United States announced it would raise the tax rate on $200 billion of Chinese products from 10 percent to 25 percent. The Chinese side quickly responded by imposing tariffs ranging from 25 percent to 5 percent on 5,207 items of about $60 billion, including logs and wood products from the United States.
It is well known that in recent years, in order to protect forest resources and maintain the ecological balance, many domestic forests have been gradually banned from commercial logging, and the import demand of timber has increased significantly. Now to the United States import tariffs on timber, domestic timber prices are bound to rise!
In fact, it is not only the United States, as the world's environmental awareness has strengthened, the policies on the export of logs are also more and more stringent. For example, Ukraine will start to restrict the export of logs next year, and the import of timber in Vietnam will increase by 25%.