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- (-) Forest Products
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On August 23, 2019, the People’s Republic of China’s Ministry of Finance (MOF), State Council Tariff Commission (SCTC) announced new tariffs on certain U.S. products, valued at $75 billion USD.
China’s 2019 imports of wood products are projected to stabilize despite a slowing economy and high 2019 domestic stocks.
Despite a slow global economy, trade in forest products increased by 15 percent from 2010 to 2011.