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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.
The log harvest for the year ending September 2018 totaled 35.8 million cubic meters of roundwood, 2.5 percent higher than the previous year and is significantly ahead of the previous government’s....