News
News
Trump has ordered another round of tariffs, this time about...
Mar 03,2025
On March 1, US President Donald Trump ordered a new round of tariff investigations into timber imports, potentially imposing more duties on imported timber. The survey will be completed within 270 days. Trump directed the Commerce Department to open a national security investigation into U.S. lumber imports under Section 232 of the Trade Expansion Act of 1962. He has previously used the regulation to impose tariffs on steel and aluminum products around the world.
They include derivative products made from wood, such as furniture, cabinets, etc.
Countries such as Canada, Brazil, Germany and others subsidize timber and dump it into the US market, which is increasingly dependent on imported timber and may pose a threat to national security.
Trump has said he is considering a 25 percent tariff on imported wood.
From March 4, the 25% tariff imposed by the United States on Canadian and Mexican goods will officially take effect, and the new timber tariffs will be stacked on this basis.
The United States already imposes anti-dumping and countervailing duties on Canadian softwood products, and the new lumber tariffs will be concurrent with those duties.
The Coalition of Chassis Manufacturers called for anti-dumping duties on trailer chassis imports from Mexico, Thailand and Vietnam at 32.37 percent, 234.06% and 304.68 percent, respectively.
These tariffs pushed up the price of U.S.-made chassis, but also exacerbated supply chain problems during COVID-19.
Ben Evans, vice president of sales and marketing at CIE Manufacturing, called the allegations "baseless," accusing domestic manufacturers of weaponizing trade regulations, leading to a 75 percent increase in chassis prices and a reduction in available capacity.
Evans said the company imported chassis frame components from Thailand for final assembly in the United States, and the duties caused significant disruption to its business.
The U.S. Department of Commerce will decide whether to launch an investigation within 20 days of the filing of the petition.
The U.S. International Trade Commission will make a preliminary ruling within 45 days on whether there is substantial harm or the threat of harm.
Make global trade unimpeded
Contact Phone
Contact Us
Copyright ©Guangzhou Hongdex International Logistics Co.,Ltd
Hotline: 020-84608598
Whatsapp: 18011705178
QQ：2853396538
Email: 2853396545@qq.com
We will provide you with timely feedback
