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U.S. Tariffs Introduce New Hurdles For NZ Forest Exports
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Business.Scoop
Press Release – NZ Forest Owners AssociationNew Zealand Forest Owners Association chief executive Dr. Elizabeth Heeg says the tariff creates immediate challenges for both forest growers and wood processors.
The New Zealand Forest Owners Association (NZFOA) says a just announced ten percent tariff on all softwood lumber and timber imported from New Zealand will have significant financial repercussions for New Zealand’s forest growing industry.
New Zealand Forest Owners Association chief executive Dr. Elizabeth Heeg says the tariff creates immediate challenges for both forest growers and wood processors.
“These new tariffs are disruptive for New Zealand’s forest sector at a time when confidence is vital,” says Elizabeth.
“Our Association is committed to advocating for the forest sector and to finding practical solutions to navigate this development,” Elizabeth says.