Trump’s tariffs to hit major economies, with a 10% baseline and EU at 20%, China at 54%
Donald Trump announced a sweeping new set of reciprocal tariffs on Wednesday, arguing that they would allow the United States [...]
April 4, 2025
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Russia’s forest industry reports growth despite sanctions
The impact of sanctions on the Russian forest industry has been minimized, partly due to increased supplies to the domestic [...]
April 4, 2025
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The worst is over for Europe’s building materials industry
The European building materials industry is beginning to rebound after experiencing a significant decline. According to a recent report by [...]
April 3, 2025
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Price deflation and low demand hit UK’s Travis Perkins’ 2024 financial results
Reduced demand and price deflation has led to national builders merchanting chain Travis Perkins recording one of its poorest set [...]
April 3, 2025
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New Zealand forestry export market shows signs of slowing down: tariffs and market dynamics have a double impact
March started off on a stable footing but US president Donald Trump’s 20% additional tariff on Chinese goods has [...]
April 3, 2025
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Three big unknowns ahead of Trump’s ‘Liberation Day’ tariffs
Donald Trump says tariffs are coming. That message from the US president has been consistent. But what tariffs and when [...]
April 3, 2025
72% of Americans expect housing market slowdown
A recent survey conducted by REsimpli through Pollfish reveals that escalating trade tensions between the United States and Canada are [...]
April 3, 2025
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U.S. timber and building materials companies oppose Donald Trump’s trade war
The North American Building Materials Distributors Association (NBMDA) issued a statement opposing the tariffs. The statement reads, “With the Trump [...]
April 2, 2025
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Pricing for logs in China is still weak with poor market sentiment
China softwood log inventory has reduced to just over 3.7 m m3 and log demand has increased over the [...]
April 2, 2025
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Strike at UPM Plywood mills continues
The five-week strike at forestry giant UPM Plywood in Finland will continue as the UPM and the Industrial Union [...]
April 2, 2025
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