US President Donald Trump has escalated trade tensions by imposing tariffs on Canada, Mexico, and China, although he soon paused the tariffs for one month for Mexico and Canada. Now, he is setting his sights on Europe. While much of the attention has been on the automotive and agricultural sectors, the potential impact on the European timber industry could be significant. A shift in global timber trade If the US imposes tariffs on European timber, the immediate consequence will be a reordering of global trade flows. Canada, one of the largest suppliers of lumber to the US ...
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