- The Chinese importer faces challenges seeking alternative sources of supply;
- The tariffs cause serious economic damage to the applicant;
- The tariffs cause major negative structural impacts on the relevant industries or lead to serious social consequences.
The National Hardwood Lumber Association is urging U.S. hardwood exporters to communicate with their Chinese customers and encourage as many Chinese entities as possible to push for tariff exclusions on U.S. hardwood.
The first phase of a trade deal was signed by both the U.S. and China last month. Both countries appeared optimistic.
The numbers appear to be drastically in the favor of the United States. But because the U.S. exports much less to China than it imports, the smaller drop is actually a bigger percentage drop (15.5 percent from last year) - compared to a 13.5 percent decline for Chinese imports. Both countries appear to be hurting.
Chinese furniture exports to the U.S. fell in miscellaneous wood furniture (down 19 percent), wood seats (down 21 percent), and upholstered wood chairs (down 13 percent). China's overall economy grew just 6 percent in the third quarter - its slowest pace on record.
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