From October 14, wooden furniture exported to the United States will continue to be subject to a new import tariff of up to 25 percent. This has come as a “shock” at a time when enterprises are accelerating production, raising concerns over the feasibility of maintaining Vietnam’s 2025 wood export targets. In the long term, aside from adapting to frequently changing tariff policies, enterprises in the wood industry are working to improve product quality. Expanding markets and building the Vietnamese wood brand are considered key solutions for the sector’s sustainable development. On September 29, U.S. President Donald Trump signed a decree imposing a 25 percent tariff on wooden furniture, effective from October 14. The tariff rate may increase to 50 percent for dressing tables and kitchen cabinets, and 30 percent for upholstered products early next year. This move is regarded as a “shock” to Vietnam’s wood industry.
The European Commission proposed preliminary antidumping duties on imports of softwood plywood from Brazil, following an investigation launched 
On 31 July 2025, Metsä Group announced it would launch the planning of a EUR 300 million cost savings and profit improvement programme. Planning is now complete, and Metsä Group will initiate statutory negotiations concerning its personnel as part of it. “Our profitability has been undermined by three factors. First, increased uncertainties in global trade have reduced demand for our products. Second, changes in exchange rates have weakened our result and will continue to do so. Third, the increase in raw material costs and the general cost level has eroded our profitability,” says Jussi Vanhanen, President and CEO of Metsä Group. …According to preliminary assessments, the planned measures may lead to a permanent reduction of 800 permanent jobs. A significant share – 540 jobs – are expected to be in Finland. In addition to redundancies, the planned changes may lead to changes in duties.
VANCOUVER, BC —
Ikea is increasing the amount of products it makes in the US as the world’s largest home furnishings retailer comes under pressure from US President Donald Trump’s tariffs on furniture and kitchen cabinets. The flat-pack retailer, which made revenues of $5.5bn in the US last year, currently produces only about 15% of products that it sells in the US domestically. That compares with 75% local production in Europe and 80% in Asia. “We want to continue to expand in the US and Canada — how do we optimise a good supply set-up where we secure the right access to materials, to components, to production? That’s very long-term work that we’re doing,” Jon Abrahamsson Ring, chief executive of Inter Ikea. Trump imposed tariffs of between 10% and 50% on imports of foreign furniture and wood products. Ikea, which is responsible for about 1% of total industrial production, is set to take a significant hit. ){kind=logo}
Anthony Cabrera, who started working with a contractor in March to construct the three-bedroom house, was eager to get ahead of a fresh round of tariffs on key building materials and home items that took effect earlier this week. Mr Cabrera had already seen his initial budget of roughly $300,000 balloon to $450,000 as prices for a range of products. …A recent report from Goldman Sachs found that US consumers will shoulder as much as 55% of the cost. It takes time to raise prices on consumers, the economists noted, and US firms will increasingly pass on costs in the coming months. The new tariffs “will create additional headwinds for an already challenged housing market” Buddy Hughes, chairman for the NAHB, said. Affordable housing construction could be hit particularly hard, said Elena Patel, of the Urban-Brookings Tax Policy Center. …Matthew Walsh, at Moody’s Analytics, said that cost uncertainty will be the most immediate effect.
China’s pulp and paper industry continues to expand at an unprecedented pace, with new mill projects, advanced technologies, and state-backed financing driving record output. What began as a push to meet domestic demand has now evolved into an era of overcapacity and a structural imbalance that is reshaping trade dynamics, pricing strategies, and sustainability priorities worldwide. This expansion has far-reaching effects: global producers are contending with lower-priced exports, disrupted supply chains, and a shifting balance of power that challenges traditional market leaders in North America and Europe. …Industry observers expect consolidation in China’s pulp and paper sector, as smaller and less efficient mills struggle to survive. Strategic investments in transparency, benchmarking, and efficiency will be crucial for staying competitive in a tightening global market.
The UK timber industry is currently experiencing a crisis, even as it reports record sales of softwood, raising concerns over supply chain challenges, rising costs, and sustainability issues. The surge in softwood sales, particularly in the construction and woodworking sectors, has overshadowed the ongoing difficulties facing the industry. While the demand for timber has been high, particularly due to the growing construction boom and a shift toward more sustainable building materials, the challenges related to timber shortages and price increases remain deeply concerning for businesses across the sector. …The Timber Trade Federation (TTF) reports that softwood sales in the UK reached record levels in 2024. However, one of the most pressing issues facing the UK timber sector is the disruption of supply chains. The UK has faced considerable difficulty in securing a steady supply of raw timber. The global timber shortage has exacerbated the situation.
Ireland must realise the “massive opportunity” that exists as timber construction is set to triple market value and deliver climate action, Forest Industries Ireland (FII) said. The director of FII, Mark McAuley has welcomed a 
More companies that provide rayon, lyocell and modal to fashion brands are sourcing less from ancient and endangered forests, according to the nonprofit Canopy. Although the vast majority of cellulosic fibers are still spun from virgin materials, some of the biggest producers have been quickly adopting forest-friendly and circular materials. 70% of companies making semi-synthetic, cellulose-based fibers now exhibit green practices that reduce pressures on forests. 54% of fiber producers that the group tracked have reached the nonprofit’s favorable green rating. …Canopy uses this annual report in part to help brands make informed sourcing decisions. The use of recycled materials for such fibers is still rare, although it grew to 1.1% in 2024. Such textiles represent only 6% of the global fiber market, according to Textile Exchange. It found that fibers approved by Forest Stewardship Council (FSC) or other certification made up as much as 70 percent of cellulosic fiber market share.
Several parliamentarians, key industry players and alternative materials start-ups in hemp, engineered bamboo and engineered timber attended an event designed to focus a spotlight on the new world of possibilities in building materials. The WWF and Forest Alliance NSW event was intended to showcase sustainable alternatives to timber products …with the protection of the proposed Great Koala National Park at the centre of conversations. The event was further by the Parliamentary Friends of Forests. Attending as exhibitors were House of Bamboo, Hemp Inside, Bamboo Society Australia, Australian Hemp Council, iHempNSW, BVN Architecture and betti & knutt. While XLAM … was originally on the list of presenters, an industry source says the pressure from forestry sources had forced the company to pull out. …Susie Russell was particularly inspired by House of Bamboo, realizing that similar products to timber can be made from bamboo, which only takes five years to grow.
US civil society groups are urging the European Commission to resist Washington’s pressure to delay the EU’s deforestation regulation (EUDR) or tweak the rules to grant the country preferential treatment, according to a letter seen by Euractiv. The missive, sent this morning to Commission President Ursula von der Leyen and the Commissioners responsible for green rules, the economy and trade, warns against any backtracking. “We are particularly concerned by the Commission’s apparent willingness to offer the U.S. special treatment under the EUDR as part of ongoing EU-U.S. trade negotiations,” the letter reads. The organisations refer to the joint statement issued by Brussels and Washington in September, which labels the US as posing “negligible risk to global deforestation.” Rick Jacobsen, senior manager for commodities policy at the US NGO Environmental Investigation Agency, told Euractiv that US interests have “ramped up the pressure campaign” to weaken the law before it even comes into force.
The European Union proposed granting companies six months of leeway to comply with its landmark law to curb deforestation across the world, rejecting a longer delay despite industry complaints. The EU’s Deforestation Regulation aims to tackle the felling of trees associated with imports. Yet it has faced criticism at home and abroad for being too bureaucratic. The European Commission proposed Tuesday giving large companies six months of relief from sanctions after the law goes into effect at the end of the year. Bloomberg previously reported plans to delay implementing the rules by a year. …Both parliament and member states will need to sign off on the changes before the end of the year, and have the right to propose amendments. …A six-month adjustment period will be welcomed by environmental activists, alarmed by high rates of deforestation, said Luciana Chávez. [to access the full story a Bloomberg subscription is required]
SWEDEN — Ingka Investments, the investment arm of Ingka Group (the largest IKEA retailer), has agreed to acquire approximately 153,000 hectares of land in Latvia and Estonia, of which 89% are forestland, from Södra, Sweden’s largest forest owners’ association. Completion is subject to approval by the relevant regulatory authorities. “Our unique ownership structure allows us to invest with a long-term perspective rather than short-term quarterly thinking.” …As the world’s largest IKEA retailer, Ingka Group operates in 31 markets and represents 87% of global IKEA sales. …Niks Sauva, Country Manager, Ingka Investments Latvia, continued: “We’re committed to creating more value locally in the Baltics. Our goal is to increase the share of wood processed regionally to strengthen the Baltic forestry value chain.” …Completion is subject to approval by the relevant authorities in Latvia and Estonia.
Europe’s sawn timber industry is grappling with growing strategic uncertainty and rising compliance costs while the EU prepares to delay implementation of its landmark anti-deforestation law for a second time. While the postponement of the regulation to December 2026 may offer temporary relief, it also threatens to erode market incentives for early adopters and undermine confidence in the bloc’s regulatory direction. Producers across the continent have already invested billions of euros to meet the regulation’s demanding traceability requirements—developing digital platforms, upgrading Enterprise Resource Planning (ERP) systems, and restructuring supply chains to prove that every cubic meter of wood originates from deforestation-free sources. …In a strongly worded letter to the EC’s Environment Commissioner Jessika Roswall, a 
Atmospheric carbon dioxide (CO₂) rose faster in 2024 than in any year since records began. …Our new satellite analysis shows that the Amazon rainforest is struggling to keep up. And worryingly, the satellite that made this discovery could soon be switched off [due to proposed NASA budget cuts.]. Systematic measurements of CO₂ in the atmosphere began in the late 1950s. …Across six decades of measurements, CO₂ has gradually increased. …The largest change was over the Amazon, where much less CO₂ is being absorbed. Similar slowdowns also appeared over southern Africa and southeast Asia, parts of Australia, the eastern US, Alaska and western Russia. Conversely, we detected more carbon being absorbed over western Europe, the US and central Canada. …It’s not yet clear whether 2023-24 is a short-term blip or an early sign of a long-term shift. But evidence points to an increasingly fragile situation, as tropical forests are stressed by hot and dry conditions.
Google has announced plans to address greenhouse gases beyond carbon dioxide by purchasing credits to support the emerging market for removing short-lived but highly potent “superpollutants.” The company will buy up to 25,000 tonnes of superpollutant-destruction credits by 2030 from two organisations, Recoolit and Cool Effect—equivalent to about one million tonnes of CO₂ removal over the long term. While carbon dioxide remains a key focus, Google said gases such as methane, hydrofluorocarbons (HFCs), chlorofluorocarbons (CFCs) and nitrous oxide have a much greater near-term warming impact. “It’s the right thing to do for the planet,” said Randy Spock, Google’s carbon credits and removals lead. “CO₂ is obviously very important… but if we think only about CO₂, then we’re just looking at one piece of the puzzle.” …Sam Abernethy, a climate scientist at Spark Climate Solutions, said: “Superpollutants only get a few percent of climate finance… that’s a misallocation given their importance.”
Woody trunks and branches of trees in the wet tropical rainforests of Queensland are losing their ability to absorb excess carbon dioxide. That’s according to an analysis of 49 years’ worth of data, 
GENEVA — Heat-trapping carbon dioxide levels in the atmosphere jumped by the highest amount on record last year, soaring to a level not seen in human civilization and “turbo-charging” the Earth’s climate and causing more extreme weather, the United Nations weather agency said Wednesday. The World Meteorological Organization said in its latest bulletin on greenhouse gases, an annual study released ahead of the U.N.’s annual climate conference, that CO2 growth rates have now tripled since the 1960s, and reached levels that existed more than 800,000 years ago. Emissions from burning coal, oil and gas, alongside more wildfires, have helped fan a “vicious climate cycle,” and people and industries continue to spew heat-trapping gases while the planet’s oceans and forests lose their ability to absorb them, the WMO report said.
In 2024, the Amazon Rainforest underwent its most devastating forest fire season in more than two decades. According to a new study by the European Commission’s Joint Research Centre, the fire-driven forest degradation released an estimated 791 million metric tons of carbon dioxide in 2024, a sevenfold increase compared with the previous two years. The carbon emissions from fires in 2024 surpassed those from deforestation for the first time on record. Brazil was the largest contributor, accounting for 61% of these emissions, followed by Bolivia with 32%, the study found. “The escalating fire occurrence, driven by climate change and unsustainable land use, threatens to push the Amazon towards a catastrophic tipping point,” the authors write. …The researchers estimated that the total emissions from deforestation and fire-driven degradation in the Amazon in 2024 was 1,416 million metric tons of CO2. This is higher than Japan’s CO2 emissions in 2022, which ranked fifth after China, the U.S., India and Russia.
The failure of carbon offsets to cut planet-heating pollution is “not due to a few bad apples”, a