The US timber industry has been crippled by double whammy of trade war and Covid-19 ...Middle East

Quartz - Economy

The forestry sector—landowners, logging companies, and sawmills—have lost an estimated $1.1 billion in 2020. Devastating wildfires and Hurricane Laura have played a part, but the Covid-19 pandemic has also contributed to significant losses. If workers are required to stay home, then no trees will be felled or logs sawed into lumber.These losses have been exacerbated and amplified because of a longstanding trade war that has severely curbed the sale of US forestry products to foreign markets, particularly China.I am a professor of economics with a specialty in international agricultural trade, trade policy, and global food demand. My work at the University of Tennessee Institute of Agricultur

Hence then, the article about the us timber industry has been crippled by double whammy of trade war and covid 19 was published today ( Friday 20/11/2020 - 01:00 PM ) and is available on Quartz ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( The US timber industry has been crippled by double whammy of trade war and Covid-19 )

Last updated : 20 Nov 2020 clock 01:00 PM

Also on site :

The US timber industry has been crippled by double whammy of trade war and Covid-19 ...Middle East

Retro revival as a third of adults own a vintage music player – survey

Big Oil’s War-Related Profits Anger Governments

PrimeBOT presenta la robótica personal en la Cumbre de IA para el Bien Social de la ONU en Ginebra

Is the AI Bubble About to Burst?

Can Sodium-Ion Batteries Help the U.S. Close the Gap With China?

Muscat Stock Exchange Index Rises 0.101%

Naguib Sawiris boosts funding for Egypt’s pyramids facilities development

Trump attacks ‘communists.’ Both want a bigger government role in the economy.

The Next Bull Market Could Be Built on Inventory Replenishment

Kansas Becomes Testing Ground for a Radical Nuclear Reactor Design

PrimeBOT präsentiert Robotik für den persönlichen Gebrauch beim AI for Good Global Summit der Vereinten Nationen in Genf

NatGold Digital äußert sich zur Verzögerung bei der Aufnahme des NATG-Handels und schließt die Tokenisierung einer zweiten Goldliegenschaft in den USA ab

NatGold Digital fait le point sur le retard pris dans le lancement des opérations boursières de NATG et achève la tokenisation d'une deuxième propriété aurifère aux États-Unis

Can Colombia’s New Government Reverse the Nation’s Oil and Gas Decline?

/C O R R E C T I O N -- Artizent Inc./