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Tag: subsidies

NZ sawmills closures amid log shortage and inflated log prices caused by overseas subsidies

New Zealand, overseas subsidies, softwood, pine, sawmill closures, inflated prices

Sawmills in New Zealand find it hard to stay profitable when overseas competitors can benefit from subsidies, Wood Processors and Manufacturers Association (WPMA), New Zealand’s main timber industry organisation says. The problem is so bad that one day all timber used in New Zealand may have to be imported instead, despite having around two …

US Dept of Commerce to impose preliminary duties In China plywood case

US department of commerce, China, plywood, hardwood, anti-dumping, subsidies

The U.S. Department of Commerce has announced the initiation and preliminary decisions of anti-dumping (AD) and countervailing duty (CVD) investigations concerning hardwood plywood from China. “The Department of Commerce will act swiftly to halt any possible unfair trade practices against U.S. companies while also assuring a full and fair …

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