Sweeping new tariffs announced by Donald Trump provoked dismay, threats of countermeasures and urgent calls for talks to find ways to rescind the stiff new import taxes imposed on goods from countries around the globe. …Trump maintains they will draw factories and jobs back to the United States. …European Commission President Ursula von der Leyen said it was a “major blow to the world economy.” …British Prime Minister Kier Starmer said he hopes to get the tariffs lifted with a trade deal. …Financial markets were jolted. …China’s Commerce Ministry said Beijing would “resolutely take countermeasures to safeguard its own rights and interests,” without saying exactly what it might do. …Mexican President Claudia Sheinbaum said she would wait to see how Trump’s announcement will affect Mexico, which like Canada was spared for goods already qualified under their free trade agreement with the United States, though previously announced 25% tariffs on auto imports took effect Thursday.
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NEW ZEALAND — The temporary exemption of tariffs on timber and lumber imported into the US provides some relief to New Zealand exporters. Though this exemption could be short lived based on the outcome of the Section 232 investigation aimed at determining the effects imports of timber, lumber and their derivative products have on the US supply chain. Exports of radiata pine products from New Zealand to the US were estimated at $358 million, making the US our third largest export market behind China and Australia. …The exemption comes about through internal US lobbying, by the likes of the American Building Materials Alliance and National Association of Home Builders. …The administration has recognised that raising costs on timber and lumber would hurt housing affordability and weaken an important supply chain. …We thank our kindred Associations in the US for making this happen. We now wait for completion of the s. 232 investigation.
The European pulp and paper industry is struggling to assess the possible impact of tariffs. …Europe has a marginally negative trade balance with the US for pulp and paper. In 2024, it imported 2.6 million tonnes of P&P from the US. In the same year, it exported 2.3 million tonnes of P&P to the country. The largest trade deficits appear to be around pulp (-975,000 tonnes) and containerboard (-310,000 tonnes, mostly kraftliner). On the other hand, Europe has a surplus in graphic paper and cartonboard sales. …“The only certainty we have is that there will be negative consequences for businesses on both sides of the Atlantic. Trade wars are always detrimental for consumers, but we are a ‘made in Europe’ industry, with local capacities to meet the European demand,” he added. …Most market participants believe the stuttering trade war initiated by Trump will further hurt the already stagnating European economy.
BOGOTA, Colombia — A recent amendment to Peru’s Forestry and Wildlife Law is drawing fierce backlash from environmental groups and Indigenous groups that warn it could accelerate deforestation in the Amazon rainforest under the guise of economic development. The amendment eliminates the requirement that landowners or companies get state authorization before converting forested land to other uses. Critics say the change could legitimize years of illegal deforestation. “To us, this is gravely concerning,” said Alvaro Masquez Salvador, a lawyer with the Indigenous Peoples program at Peru’s Legal Defense Institute. Masquez added that the reform sets a troubling precedent by “effectively privatizing” land that Peru’s constitution defines as national patrimony. “Forests are not private property—they belong to the nation,” he said. Supporters of the amendment, enacted in March, say it will stabilize Peru’s agricultural sector and provide farmers with greater legal certainty.
FSC is extending the suspension of the Asia Pulp and Paper (APP) Memorandum of Understanding on the implementation of the FSC Remedy Framework until the end of June 2025. The extension of the suspension is due to a conflict of interest identified between Domtar and the law firm FSC identified for conducting the legal review of APP and Domtar’s corporate groups. FSC is identifying a different independent, third-party law firm to conduct this legal review. In January 2025, FSC suspended APP’s remedy MoU until the end of March 2025 because of the changes APP and Domtar announced regarding the concentration of sole beneficial ownership of the two corporate groups. FSC is commissioning a legal review of the corporate groups of Domtar and APP to better understand the implications and the effect of this change, and any impacts on the scope of the APP remedy process and the MoU. FSC disassociated from APP’s entire corporate group in 2007. 
LONDON – The United States has withdrawn from talks in London looking at advancing decarbonisation in the shipping sector and Washington will consider “reciprocal measures” to offset any fees charged to U.S. ships, a diplomatic note said. Delegates are at the UN shipping agency’s headquarters this week for negotiations over decarbonisation measures, aimed at enabling the global shipping industry to reach net zero by “around 2050″. …”The U.S. rejects any and all efforts to impose economic measures against its ships based on GHG emissions or fuel choice,” according to a diplomatic demarche sent to ambassadors by the United States. …”Should such a blatantly unfair measure go forward, our government will consider reciprocal measures so as to offset any fees charged to U.S. ships and compensate the American people for any other economic harm from any adopted GHG emissions measures,” the note from Washington said.
A new study led by researchers at Washington University in St. Louis and the Missouri Botanical Garden has uncovered a surprising layer of diversity in tropical forests. Not only are the forests populated by a dizzying number of tree species, but each of those species takes a different approach to chemistry, increasing the array of natural compounds that provide important functions for the plants — and potentially for humans. The research helped clarify the ecological and evolutionary forces that make tropical forests such hotbeds of biodiversity. While the team wasn’t specifically looking for compounds that could be useful for humans, their findings underscore the value of tropical forests as natural factories of plant chemicals that could have important uses in medicine and other fields, said Jonathan Myers, a professor of biology in Arts & Sciences at WashU. “Tropical plants produce a huge diversity of chemicals that have practical implications for human health.”
Last week, Pindstrup – a global supplier of growing media for the horticultural industry – opened a wood fiber plant at its factory in Kongerslev, Denmark. This €4 million investment marks a significant step in Pindstrup’s transition towards a more sustainable future. The company is actively working to reduce the CO2 footprint of its growing media by replacing peat with renewable and circular raw materials. CEO René Gjerding says, “For decades, Pindstrup has incorporated wood fiber into its growing media and has been producing it at our factories in Northern Ireland and Latvia. We are pleased to now bring wood fiber production to our factory in Denmark, using locally sourced, PEFC-certified wood chips. The plant runs on renewable energy, further reducing our CO2 footprint.”
The island of New Guinea is cloaked in the world’s third-largest rainforest belt, helping the planet breathe by sucking in carbon dioxide gas and turning it into oxygen. Foreign companies have in recent years snapped up tracts of forest in an attempt to sell carbon credits, pledging to protect trees that would otherwise fall prey to logging or land clearing. But a string of mismanagement scandals forced Papua New Guinea to temporarily shut down this “voluntary” carbon market in March 2022. Environment Minister Simo Kilepa told AFP that, with new safeguards now in place, this three-year moratorium would “be lifted immediately”. “Papua New Guinea is uplifting the moratorium on voluntary carbon markets,” Kilepa said.
Sometime next month, the Bolivian government and a company you probably haven’t heard of are poised to offer what could be the largest single sale of carbon credits in history. The deal will be unusual not only for its size—$1.2 billion, organizers said—but also because it will be backed by a national government and packaged under new rules developed as part of the Paris Agreement. Depending on who you ask, the sale could mark a new frontier in global climate finance, the latest offering in a long and dubious line of carbon credits or, potentially, a giant escalation in corporate greenwashing… “I don’t think a lot of people even in the climate world quite appreciate how much volume and activity may be emerging quickly from this new area,” said Danny Cullenward, an economist and lawyer focused on the scientific integrity of climate policy.
As the EU pushes to meet its climate neutrality targets by 2050, the concept of ‘renewable carbon’ is rising fast in both policy and industry circles. Unlike fossil carbon, which is extracted from underground and released into the atmosphere during production and consumption, renewable carbon comes from above-ground sources, biomass, recycled materials, and captured CO2. In short, it’s carbon that is already part of the ongoing carbon cycle. “Renewable carbon is not just about replacing fossil-based materials: it’s about rethinking how we design, use, and reuse resources across industries,” said Michael Carus, managing director of the Germany-based Nova Institute during a recent event hosted by EURACTIV and Metsä Group. This kind of thinking is gaining traction among companies looking to green their supply chains. Wood-based products, for instance, have a unique potential to store carbon for long periods when used in construction or durable goods, making them a crucial component of a low-carbon, circular economy.
