The likely impact of a prolonged trade dispute between China and the US is undermining the confidence of producers. Over the past 12 months, even as China’s GDP growth slowed, demand for West African logs and sawnwood held up but the combined effect of tariff increases in the US and the expanding of anti-dumping tariffs is hitting China’s wood product exports to the US and this will inevitably lead to a slowing of orders for West African producers. Shipments to European markets are beginning to ...
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