Vietnam Taking Steps to Avoid Tariffs from U.S.

Sterling, VA, January 22, 2021-To avoid the threat of punitive U.S. tariffs-due to allegations that Vietnam is importing illegal timber-Vietnam has promised to strengthen regulations and to buy more American lumber, reports the Decorative Hardwoods Association. 

“The U.S. is the largest market for Vietnamese wood products, worth an estimated $6.5 billion in 2020.”