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Cindy Squires, Esq. , Executive Director . Opportunities For Timber Trade with the U.S. Introduction. IWPA Promotes, Protects and Informs. Drivers on Wood Imports. Economic Conditions & Housing Market Trends Antidumping and Countervailing Duties on Wood Flooring and Plywood from China
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Cindy Squires, Esq., Executive Director Opportunities For Timber Trade with the U.S.
Introduction IWPA Promotes, Protects and Informs
Drivers on Wood Imports • Economic Conditions & Housing Market Trends • Antidumping and Countervailing Duties on Wood Flooring and Plywood from China • GSP Renewal • Baseline of Legality – What is the Story Behind Your Product? • Perception of Imported Product
U.S. / Canadian Economic Conditions • Increase in U.S. Consumer Confidence • U.S. Key market indicators • Autos & Consumer Goods Sales Increasing • US Consumer Debt on the Decline • Foreclosures are working through the System • Builder confidence index highest level in almost 8 years • U.S. Housing Market Continues to Improve – 21% Increase in Home Construction Levels over 2012 • U.S. Housing Inventory is low and demand is on the uptick • Overall picture is improving, but…. • Signs of Softness in Canadian Economy
ITC / Antidumping Cases • Certain Chinese Plywood and Flooring Imports have been hit with Antidumping / Countervailing Duties. • These cases are complex, costly and disruptive to trade. • Presents an opportunity for non-Chinese markets.
GSP Expiration & Renewal • U.S. Congress let the GSP Trade Preferences Program expire. • Expectation is that it will be renewed and it will be retroactive. • Must wait for Congress to return from August recess for renewal to occur.
Baseline of Legality What is the Story Behind Your Product?
Lacey: Legality and Declaration Legality is both simple & complex under Lacey “Due care simply requires that a person facing a particular set of circumstances undertakes certain steps which a reasonable man would take to do his best to insure that he is not violating the law.” -Lacey Act Primer, APHIS (Oct. 2009)
Lacey: What Gibson Case means Importers and U.S. Consuming Industries Continue to Struggle with the How of Due Diligence
Legality More Than Just Chain of Custody • Compliance with CARB and EPA Formaldehyde Rules is also part of legality in the U.S. • CARB Formaldehyde Emission Rules Familiar • NEW! U.S. Environmental Protection Agency is proposing new rules that go beyond CARB • CARB expected to propose changes to its rules soon • Most Significant – Including laminators & data and enforcement at point of import
Perception of Imported Product • Careful Attention to CARB and EPA Formaldehyde Rules; and • Serious Adoption of Effective Chain of Custody / Wood Legality Assurance Programs • Helps to Improve the Perception of Imported Product and Increase Sales
Please Attend the IWPA Annual Convention St. Petersburg, Florida March 5-7
Thank You Cindy@iwpawood.org | @CLSquires | @IWPAWood IWPA LinkedIN