The US Court of International Trade extended the deadline for refunding about $166 billion in tariffs after the US Supreme Court struck down global duties imposed by the Trump administration.
News in international markets
Metsä Fibre Initiates Change Negotiations at its Joutseno Pulp Mill in Finland
Metsä Fibre has launched change negotiations at its Joutseno pulp mill in Finland, with potential layoffs of up to 90 days affecting approximately 170 employees.
Middle East Crisis Could Disrupt Finland’s Wood Product Exports to Asia
Rising tensions in the Middle East could delay Finnish forest product exports to Asia and increase freight costs if shipping routes are required to shift, PulpaperNews reported.
Metsä Fibre to Shut Down Joutseno, Finland, Pulp Mill Production on March 31
Metsä Fibre will shut down production at its Joutseno pulp mill on March 31 to adjust output amid uncertain demand in Asian markets.
BC Wildfire Service Staff Return From Australia Deployment Ahead of 2026 Season
BC Wildfire Service staff returned to BC after a month assisting wildfire response operations in Victoria, Australia, as the province prepares for the 2026 fire season.
US Commerce Department Issues Preliminary Antidumping Duties on Hardwood and Decorative Plywood From China, Indonesia, and Vietnam
The US Commerce Department set preliminary antidumping duties on hardwood and decorative plywood imports from China, Indonesia, and Vietnam.
Victoria, Australia, Bushfire Recovery to Take Five Years, 13 Million Seedlings
Victoria’s Upper Murray bushfire burned 11,000 hectares of pine plantation, with recovery expected to take five years and require 13 million seedlings, ABC News reported.
Brazilian Exports of Wood-Based Products Fall in January
Brazilian exports of wood-based products totaled $263.2 million in January, down 17.0% from a year earlier, the ITTO reported.
Canada Trade Minister Sees Path Forward on USMCA Renewal as Review Nears
Canada’s trade minister said he sees a path to renewing USMCA ahead of next week’s review talks in Washington, CTV News reported.
HVP Plantations Moves to Salvage Fire-Damaged Timber Across Victoria, Australia
HVP Plantations will salvage up to 50% of 11,000 hectares of fire-damaged pine and eucalyptus in Victoria over 10 months, The Border Mail and Wood Central reported.