Detailed list of Sino US tariff 60 billion products (wood related)
Release date: 2018-8-15 source: Network http://www.xn--wnu46ipdo26d6lk.com/info/detail/42-63155.html
China announced that it had imposed a 25% tariff on 5207 American products in August 23rd.
Including several cork products. Pines, fir and spruce are among the Chinese government’s $60 billion worth of American products.
There are also pine, Scotland pine, Abies and spruce boards with a thickness of more than 6 millimeters.
Other details are as follows:
Wood, cork, wood pulp and fiber types
99 44013900 sawdust, wood waste and debris, other than sawdust, whether or not bonded to log segments, blocks, pieces or similar shapes
10044032190 other pine logs, with a cross-section size of 15 cm and above.
10145019010 cork waste
10247071000 unbleached kraft paper and scraps of corrugated or paperboard.
10347072000 the bleached pieces of paper and board made of bleached chemical wood pulp.
10447073000 waste paper or paperboard made of mechanical wood pulp
10547079000 including other unrecycled paper or paperboard.
At present, the effect of this announcement is that many orders and shipments are waiting for shipping. It reminds us of a cargo ship loaded with soybeans that, in order to avoid a tariff-time race, could not avoid a tariff of $6 million. Two months later, it was still floating in the ocean, circling China’s Dalian harbor. But the warning to us is: will the shipments of the timber industry face the same fate?
Some Chinese dealers have delayed deliveries to end users while waiting for the recent price trend for new orders to become clearer. This is particularly evident in the southern pine tree.
We will have to wait until August 23 to see the final effect of the announcement, and before that, companies are doing their best to ease the situation.