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China strikes back with tariffs on US energy, machinery, and cars after Trump’s 10% levy
Posted on February 10, 2025 |
In December, the US shipped over 173,000 m³ of logs to China, making China its second-biggest log buyer and the US China’s third-largest supplier.
US sawlog exports to China jumped by over 40% from December 2023.
China avoided taxing US hardwood and softwood logs but will introduce new tariffs starting 10 February 2025.
China plans a 15% tax on US coal and liquefied natural gas and a 10% tariff on US crude oil, farm equipment, and large-engine cars.
These new taxes respond to Trump’s 10% tariff on Chinese goods, including timber furniture.
By September, China bought 38% of all US hardwood and softwood log exports, ahead of Canada (31%), Japan (17%), India (5%), and Vietnam (4.4%).
Softwood logs made up 70% of US exports (2.78 million m³), hardwood logs were 29.4% (1.165 million m³), and tropical logs made up just 0.3%.