???? Breaking News: Evolving Tariff & Policy Changes Impacting the Hardwood Industry
February 3, 2025
by NHLA
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URGENT: Immediate Action Required to Secure AHEC FundingThe American Hardwood Export Council (AHEC) is currently facing a critical funding delay. Despite initial “carryover” funds, all USDA allocations for 2025 are on hold pending a review by the current administration and the Department of Government Efficiency (DOGE). This review aligns with “Agenda 2025,” which proposes the complete elimination of USDA export promotion funding. Impact on Our Industry: 1. Program Disruptions: The funding delay has already forced us to postpone the American Hardwood Convention in China and cancel the IndiaWood trade show along with accompanying factory visits. 2. Upcoming Events at Risk: Other significant events, including the Dubai Woodshow, Interzum Guangzhou, and even Interzum Cologne, are now at serious risk. Your Immediate Action Needed: It’s vital that we contact our representatives in Washington to emphasize the importance of exports and export promotion to our businesses and the urgent need to release these funds. How You Can Help: Identify Your Representatives: Use this link to find your members of Congress. Ensure you contact representatives for both your business and home districts if they differ. Make the Call: 1. Introduce Yourself: State your name, company, location, and the number of employees. 2. Describe Your Business: Briefly explain your products and their applications. 3. Express Your Concern: Highlight your concern about the USDA’s delay in releasing 2025 MAP and FMD funds to AHEC. 4. Emphasize AHEC’s Role: Note that AHEC effectively supports the U.S. hardwood industry in developing international markets. 5. Economic Impact: Mention that in 2024, exports of logs, lumber, and veneer were valued at $3.6 billion, with a $1.3 billion trade surplus in hardwood lumber.Point out that half of the grade lumber is exported globally. 6. Program Success: State that MAP/FMD programs have been instrumental in expanding markets in China, Mexico, Europe, India, Southeast Asia, and the Middle East. 7. Impact on Small Businesses: Stress that the U.S. hardwood industry consists mainly of small, family-owned businesses in rural areas that depend on these programs for growth. 8. Personal Impact:Share a specific example of how AHEC programs have benefited your business. Call to Action:Request that the staff member inquire with the USDA about the release timeline of these funds, emphasizing the urgency due to ongoing planning for 2025 events and marketing opportunities. Report Back: Inform Mike Snow and/or the Hardwood Federation about your outreach efforts, including who you spoke with and when. Your voice can make a significant difference in ensuring our industry’s continued support and success. Thank you for your prompt attention to this urgent matter. Remember: This is an evolving, rapidly changing situation. We will continue to advocate for your interests and keep you informed of critical updates as they happen. *update posted on February 13, 2025* |
| The U.S. has recently implemented new tariffs on imported goods, potentially affecting the hardwood industry’s supply chain, costs, and global competitiveness. NHLA and the Hardwood Federation are closely monitoring these developments. Here’s a concise overview: Key Details: New Tariffs: As of February 4, 2025, the U.S. has imposed a 25% tariff on imports from Canada and Mexico, and a 10% tariff on imports from China. Exemptions: Canadian oil, natural gas, and electricity are exempt from the 25% tariff but will face a 10% tax. Retaliatory Measures: Canada has announced retaliatory tariffs on U.S. goods, including hardwood and lumber products. Mexico has agreed to pause its tariffs for one month. China plans to file a formal dispute through the World Trade Organization and may take countermeasures. NHLA’s Response:The NHLA Market Impacts Committee will meet this Thursday to address these developments and strategize on mitigating potential impacts on members. Stay Informed: Follow NHLA through email, social media, and member platforms for real-time updates. Email: [email protected] Facebook: @NHLAOfficial Instagram: @nhla_official LinkedIn: National Hardwood Lumber Association YouTube: NHLA Official Remember: This is an evolving, rapidly changing situation. We will continue to advocate for your interests and keep you informed of critical updates as they happen. *update posted on February 3, 2025* |
by NHLA
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