U.S. exports to China have been badly hit, with timber falling by nearly half.
The U.S. government waved tariff sticks and provoked economic and trade frictions between China and the United States. Data show that US exports to China have fallen sharply due to trade frictions, which has hit American timber, soybean and other industries severely.
In connection with previous timber incidents, soybean and timber industries have shown how similar the results are:
The United States is a major exporter of timber, China is a major importer of timber and one of the major timber markets in the United States. The trade disputes provoked by the United States not only infringe on the interests of domestic soybean farmers, but also bring losses to domestic timber processing plants, resulting in the problems of logging workers facing layoffs. CNN reported that with the further escalation of Sino-US trade frictions, the United States will face the risk of losing the Chinese market permanently in timber exports.